In an annual letter to investors published on March 17, 2023, Larry Fink, the chairman and CEO of BlackRock, highlighted the potential of tokenization of asset classes that could drive efficiencies in capital markets, shorten value chains, and improve cost and access for investors.
Mr. Fink noted that tokenization of the assets can help revolutionize the asset management industry, offering exciting applications for the underlying technologies in the digital assets space. He also said that BlackRock is actively exploring the ‘tokenization of stocks’.
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