World’s largest asset manager sees blockchain-based tokenization as the next frontier for finance
BlackRock CEO Larry Fink believes the future of global finance lies in asset tokenization, calling it the “next wave of opportunity” that will reshape how people invest and interact with markets.
In a recent interview with CNBC, Fink said the company envisions a future where traditional financial assets are fully digitized, allowing investors to move seamlessly between crypto and mainstream investment products.
“If we can tokenize an ETF and digitize it, we can help new investors transition into long-term retirement products within the same digital ecosystem,” Fink explained.
He emphasized that tokenization will redefine accessibility and efficiency in global asset management, enabling broader inclusion across markets.
Tokenization market projected to exceed $13 trillion by 2030
BlackRock, which manages $13.46 trillion in assets, currently holds $104 billion in crypto investments—roughly 1% of its total portfolio. The firm already operates the largest tokenized cash market fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), valued at $2.8 billion since its launch in March 2024.
According to Mordor Intelligence, the tokenization market is valued at over $2 trillion in 2025 and is projected to surpass $13 trillion by 2030, driven by increasing institutional adoption and blockchain integration across real estate, equities, and bonds.
“We’re just at the beginning of tokenizing all assets — from real estate to equities and bonds,” Fink added, calling the shift a decades-long transformation of financial infrastructure.
From crypto skeptic to digital finance advocate
Fink, once a vocal critic of cryptocurrency, has since changed his stance. In 2017, he labeled Bitcoin an “index of money laundering,” but now acknowledges crypto’s role as a legitimate asset class.
“There is a role for crypto in the same way there is for gold — as an alternative for diversification,” he said.
As BlackRock deepens its focus on blockchain tokenization, analysts view the move as a pivotal step toward merging traditional finance with digital innovation, potentially setting new global standards for investment transparency and efficiency.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.