BlackRock CEO calls tokenization crucial for the future of global finance

BlackRock CEO Larry Fink stated that tokenization could become the most important part of the global financial system's development, the Hong Kong Economic Times (HKET) reported. Speaking at Hong Kong FinTech Week 2025, Fink suggested imagining a future where all ETFs, worth a collective $5.3 trillion, are tokenized and held in digital wallets. He explained that in such a system, users could seamlessly use virtual assets, stablecoins, or any other currency in their wallets to purchase bonds or stocks without fees, adding that he personally believes this is the future of finance.