BlackRock Execs Say Tokenization Will Bridge Crypto and Traditional Finance
BlackRock executives this week argued that tokenization — the process of issuing digital tokens that represent real-world assets — will be the mechanism that brings crypto and traditional finance closer together. The point carries weight given BlackRock’s size: the asset manager oversees about $13.4 trillion and runs the largest tokenized cash market fund, currently valued at $2.8 billion, demonstrating a concrete institutional bet on the model.
Why it matters: tokenization can speed settlement, increase liquidity and enable fractional ownership, which may lower barriers for pension funds, insurers and other large investors. BlackRock’s active deployment of tokenized products signals a practical push from incumbents to adapt crypto infrastructure rather than view it solely as a niche market, and could prompt faster regulatory and operational changes across the industry.