The World Economic Forum has appointed BlackRock Chief Executive Officer Larry Fink and Roche Vice-Chairman André Hoffmann as interim co-chairs of its board of trustees. The temporary leadership change follows an internal investigation that cleared outgoing chair Klaus Schwab of material wrongdoing, according to people familiar with the decision. Fink will continue to run BlackRock, the world’s largest asset manager, while taking on the WEF role. The firm’s spot-Bitcoin exchange-traded fund, IBIT, has amassed roughly 749,000 bitcoins—valued at about US$85 billion at current prices—making BlackRock one of the largest single holders of the cryptocurrency. The appointment places one of Wall Street’s most influential executives at the helm of the Davos-based policy forum and underscores the growing interplay between global finance and digital-asset markets. Fink, who once dismissed Bitcoin, has in recent years championed crypto-linked investment products, signalling a broader institutional embrace of the sector.