BlackRock CEO Larry Fink: Bitcoin ETF approvals are ‘stepping stones’ towards tokenization

Posted by Polymath

BlackRock CEO Larry Fink joins CNBC ‘Squawk Box’ to discuss the SEC’s approval of bitcoin ETFs, the impact on BlackRock, whether he’s a believer in bitcoin and crypto at large, and more.

Blackrock CEO, Larry Fink, discusses the SEC's approval of bitcoin ETFs, the impact on Blackrock, whether he's a believer in bitcoin and crypto at large, and more.

Here are a few direct quotes from Larry Fink during this interview:

"...We believe ETF is the technology to transform every asset class. We believe everything will be done through ETFs. We believe this is just the beginning and we need to embed ETFs..."

"...These are just stepping stones toward tokenization. I really do believe this is where we are going to be going. We have the technology to tokenize today..."

"... if you have a tokenized security, and you have a tokenized identity...  the moment you buy or sell an instrument, it's known, it's on a general ledger that is all created together, you want to talk about issues around money laundering and all that, this eliminates all corruption, by having a tokenized system..."

Watch the interview here.

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