BlackRock CEO: Tokenization will enable seamless conversion of assets such as cash, stocks, and bonds, and I believe this day will come soon.

According to a report by Hong Kong Economic Times on November 4th, Larry Fink, Chairman and CEO of Blackrock, stated at the Hong Kong FinTech Week 2025 that financial technology innovation and Crypto Assets have received significant attention in recent years. Many people are actually afraid to keep all their money in the currency of their residence, and tokenization could be the most important part of the evolution of the global financial system. “If we can tokenize all ETFs (with a total size of $5.3 trillion) and store them in Digital Money wallets, users will be able to seamlessly use the Digital Money, stablecoin, or any other currency within the wallet to purchase bonds or stocks without incurring any fees. I believe this will be the future.”

Fink expects that in the future, more transactions will be conducted in a digital manner, and an increasing number of financial assets will be digitized and stored on a single blockchain, allowing for seamless conversion between assets such as cash, stocks, and bonds. “I believe this day will come soon.”

Fink stated that gold and Bitcoin have their significance, “I believe they are symbols of fear; if you lack financial security or personal safety and are anxious, you will have them.” Currently, approximately $4.1 trillion is stored in digital wallets and is growing rapidly.