At the World Economic Forum, BlackRock CEO Larry Fink urged wider use of tokenization and blockchain to cut costs and expand access to financial markets. He framed the technology as a practical tool for efficiency and inclusion rather than a niche trend.
BlackRock CEO Larry Fink conceded his earlier characterization of Bitcoin as an 'asset of fear' was mistaken, as the firm's iShares Bitcoin Trust (IBIT) posted a new record. The admission and the IBIT milestone highlight growing institutional acceptance of BTC.