Larry_Fink
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Tokenized,Inc. an article not for the faint hearted 😫😖
In the wake of recent Bitcoin ETF approvals, #BlackRock #Larry_Fink has unveiled a vision where "everything becomes "ETF'd" and tokenized". This ambitious plan threatens to fractionalize not only existing assets and commodities but also the very fabric of the natural world. Imagine most living things transformed into Wall Street financial products, tradable on a single, universal ledger.
Just after the approval of 11 Bitcoin spot #ETFs including BlackRock’s "iShares Bitcoin Trust (IBIT)", by the SEC. Larry Fink, BlackRock's Chair and CEO, sat down with Bloomberg's David Westin. He discussed the implications of BlackRock's entry into the Bitcoin market. Fink didn't mince words, outlining his company's approach to Bitcoin and their intention to replicate similar ETF products for other assets.
He boldly stated, "If we can 'ETF' a Bitcoin, imagine what we can do with all financial instruments." While he acknowledged #Bitcoin as an asset class, (he dismissed it as a viable currency).
This move by BlackRock underscores the trend toward #Tokenization a process that could reshape how we perceive and interact with financial assets. The natural world itself could become part of this financial ecosystem, with living organisms reduced to tradable tokens. As the largest asset manager, BlackRock's actions have far-reaching implications for the future of finance and investment.
In the wake of recent Bitcoin ETF approvals, #BlackRock #Larry_Fink has unveiled a vision where "everything becomes "ETF'd" and tokenized". This ambitious plan threatens to fractionalize not only existing assets and commodities but also the very fabric of the natural world. Imagine most living things transformed into Wall Street financial products, tradable on a single, universal ledger.
Just after the approval of 11 Bitcoin spot #ETFs including BlackRock’s "iShares Bitcoin Trust (IBIT)", by the SEC. Larry Fink, BlackRock's Chair and CEO, sat down with Bloomberg's David Westin. He discussed the implications of BlackRock's entry into the Bitcoin market. Fink didn't mince words, outlining his company's approach to Bitcoin and their intention to replicate similar ETF products for other assets.
He boldly stated, "If we can 'ETF' a Bitcoin, imagine what we can do with all financial instruments." While he acknowledged #Bitcoin as an asset class, (he dismissed it as a viable currency).
This move by BlackRock underscores the trend toward #Tokenization a process that could reshape how we perceive and interact with financial assets. The natural world itself could become part of this financial ecosystem, with living organisms reduced to tradable tokens. As the largest asset manager, BlackRock's actions have far-reaching implications for the future of finance and investment.
