CoinVoice has recently learned that, according to Crypto In America, BlackRock CEO Larry Fink stated in an interview with CNBC that the company is advancing the tokenization of traditional assets such as real estate, stocks, and bonds, and is exploring putting ETFs on-chain to achieve fragmented ownership, accelerate settlement, and enable 24/7 access.
Fink stated that BlackRock's assets under management reached $13.5 trillion in the third quarter, with the ETF platform surpassing $5 trillion, among which the iShares Bitcoin ETF has approximately $100 billion in assets and is the fastest-growing and most profitable fund.
Fink revealed that BlackRock is developing internal asset tokenization technology, believing that this move will attract more long-term and young investors. [Original link]