Larry Fink, CEO of BlackRock, is optimistic about asset tokenization. Is this favourable information for crypto assets?

DeFi analyst Ignas pointed out that Larry Fink, CEO of asset management giant BlackRock, recently expressed strong confidence in asset tokenization and blockchain technology in his annual letter to the board, believing that this technology will fundamentally overturn past investment models. However, the crypto community questions whether this is a positive outlook and favourable information for crypto assets.

Larry Fink’s annual chairman letter is super bullish on crypto.

“Every stock, every bond, every fund—every asset—can be tokenized. If they are, it will revolutionize investing.”

Here are his main arguments for 加密 & 代幣化:

— Ignas | Decentralized Finance (@DefiIgnas) March 31, 2025

Will asset tokenization change everything? Fink presents three major advantages.

Fink first pointed out that tokenization technology can digitize stocks, bonds, and funds, bringing about the following three major transformations:

Enhancing accessibility: By fractionalizing ownership, high-barrier assets such as real estate and private equity funds become more accessible.

Simplified Voting Rights: Digital tracking of equity and voting rights enhances transparency and efficiency.

Create income opportunities: Reduce legal and operational barriers to allow more investors to participate in high-yield assets.

These changes will break financial monopolies and achieve investment democratization.

(24 / 7 Stock trading never stops! CME Group collaborates with Google Cloud to test asset tokenization, officially launching in 2026 )

Swift, outdated compared to "email", tokenization can bring the highest efficiency.

Fink also criticized that the current global cross-border payment processing facility, the Swift system, is too outdated, handling trillions of data in a way that is as rough as a "relay race between banks", with efficiency almost equivalent to "sending an email":.

In contrast, tokenization technology is expected to enable real-time transactions, disrupting the traditional financial system.

( Digital Assets and Traditional Currencies Bridge, Swift announced on-site testing in 2025 )

However, he also reminded that in order to truly achieve this transformation, digital identity verification systems are crucial. He cited India as an example, pointing out that over 90% of the population in the country can complete secure verification through smartphones, demonstrating the potential for global implementation.

Bitcoin ETF achieves great results, but warns of the risks of dollar hegemony.

Fink further affirmed the performance of Bitcoin and revealed that the company's Bitcoin spot ETF and tokenization of U.S. treasury bonds fund BUIDL have both set records in trading volume and asset size, with over half of the demand coming from retail investors investing in iShares products for the first time.

But he also warned: "If Bitcoin is seen as a safer hedge asset than the US dollar, it could undermine America's economic leadership."

He predicts that by 2030, mandatory spending and debt interest in the United States will exhaust federal revenue, creating significant fiscal risks.

Community Reaction: Tokenization does not equal embracing Crypto Assets.

Even though Fink's remarks are seen as a positive signal for Crypto Assets, some community observers are taking a cautious stance on this.

Community user @krugermacro pointed out that Fink's focus is actually on Blockchain and tokenization technology, rather than support for the overall Crypto Assets. Another industry figure @ArtemTolkachev criticized that the tokenization of current real-world assets (RWA) is still shackled by traditional finance and regulatory restrictions, far from achieving disruptive innovation.

Unless the regulatory framework can quickly keep up with the development pace of Blockchain, this may not be the kind of revolution you are expecting.

Whether the vision of tokenization can be realized still awaits the test of time.

This is not the first time Larry Fink has supported tokenization. Earlier this year, he publicly urged the SEC to expedite the tokenization of stocks and bonds to enhance financial efficiency.

( BlackRock CEO: Please urge the SEC to promote the tokenization of stocks and bonds as soon as possible, and both the left and right should refrain from interfering with business operations )

Today, he paints a beautiful blueprint for tokenization and crypto assets, and uses the success of the Bitcoin spot ETF as an example to show its potential. However, he did not explicitly mention other cryptocurrencies, triggering various speculations about his position.

The community generally believes that Fink values the blockchain technology itself, rather than the crypto assets themselves. Whether tokenization can truly break down financial barriers in the future still depends on the development of digital identity technology and the regulatory environment.

This article discusses whether Larry Fink, the CEO of BlackRock, is optimistic about asset tokenization, which is favourable information for crypto assets? It first appeared in Chain News ABMedia.