• BlackRock’s CEO outlined plans to digitize a wide range of asset classes, including real estate, equities, and bonds
• Fink also acknowledged that his views have evolved, considering that back in 2017, he called Bitcoin a “money laundering index,” whereas now he refers to it as “digital gold”
• BlackRock is reportedly creating in-house systems for turning assets into digital tokens, aiming to own the technology itself instead of just using others’

In a recent CNBC interview, BlackRock’s CEO Larry Fink declared that his firm is actively planning to “repot” traditional financial assets, moving them from legacy structures into tokenized versions on blockchains.

During the interview, he stated: “So we look at that as the next wave of opportunity for BlackRock over the next tens of years, as we start moving away from traditional financial assets by repotting…

Read The Full Article Larry Fink Declares the ‘Great Repotting’: BlackRock’s Plan to Move All of TradFi On-Chain On Coin Edition.

• BlackRock’s CEO outlined plans to digitize a wide range of asset classes, including real estate, equities, and bonds
• Fink also acknowledged that his views have evolved, considering that back in 2017, he called Bitcoin a “money laundering index,” whereas now he refers to it as “digital gold”
• BlackRock is reportedly creating in-house systems for turning assets into digital tokens, aiming to own the technology itself instead of just using others’

In a recent CNBC interview, BlackRock’s CEO Larry Fink declared that his firm is actively planning to “repot” traditional financial assets, moving them from legacy structures into tokenized versions on blockchains.

During the interview, he stated: “So we look at that as the next wave of opportunity for BlackRock over the next tens of years, as we start moving away from traditional financial assets by repotting…

Read The Full Article Larry Fink Declares the ‘Great Repotting’: BlackRock’s Plan to Move All of TradFi On-Chain On Coin Edition.