Larry Fink Says Tokenization Is the Next Phase of Financial Infrastructure

• BlackRock CEO Larry Fink said that tokenization is still in the building phase.
• Tokenization shifts asset ownership to digital ledgers, enabling near-instant settlement.
• Digital wallets could unify assets like payments, bonds, ETFs, and private equity.

In his 2026 chairman’s letter, BlackRock CEO Larry Fink compared tokenization to the internet in 1996, a period that was defined by infrastructure, not adoption. He added that systems are being built before mass usage arrives.

Fink stated that tokenization is “necessary, not optional.” He placed it ahead of interest rates and inflation as a structural priority. The focus is not price but market plumbing.

BlackRock is already well-positioned, as the firm manages nearly $150 billion tied to digital assets, including $65 billion in stablecoin reserves and nearly $80 billion in digital asset ETPs. Its tokenized …

Read The Full Article Larry Fink Says Tokenization Is the Next Phase of Financial Infrastructure On Coin Edition.