BlackRock CEO optimistic about the $20 trillion tokenization market, calls for improved regulatory framework

According to DL News, BlackRock CEO Larry Fink has once again expressed support for asset tokenization technology, believing it can effectively lower investment barriers and allow more ordinary people to participate in the capital markets.

Fink pointed out that nearly half of Americans are currently not participating in public market investments, and the development of artificial intelligence will further exacerbate wealth concentration issues; tokenization may be the key to breaking this deadlock. BlackRock predicts that the tokenization market will reach $20 trillion by 2030, covering traditional financial assets such as stocks, ETFs, indices, and commodities. Currently, institutions like Robinhood and Kraken have taken the lead in launching tokenized stock products. Fink also emphasized that market development still relies on the establishment of a clear regulatory framework, including buyer protection mechanisms, counterparty risk standards, and supporting systems for digital identity verification.