BlackRock CEO Larry Fink and COO Rob Goldstein wrote in The Economist that asset tokenization is entering an explosive phase similar to the "early days of the internet," reshaping markets at a pace far exceeding traditional financial expectations.

Real-world asset tokenization has grown by approximately 300% over the past 20 months. The shared ledger enabled by blockchain allows nearly all assets to be recorded and traded in a more efficient, transparent, and verifiable manner. Tokenization is still in its early stages—akin to internet nodes in 1996—but its development speed may surpass most people's expectations.

In the future, investors may be able to hold all asset classes, from stocks and bonds to digital assets, within a single digital wallet.

[Wu Blockchain]

On December 2, according to Theblock, BlackRock CEO Larry Fink and COO Rob Goldstein stated that tokenization is becoming a transformative force in the global market, with a potential impact comparable to the rise of the early Internet.

In an article in The Economist, the two executives pointed out that recording asset ownership on a digital ledger can modernize the financial system by increasing efficiency, transparency, and accessibility. They believe that tokenization is currently at a stage similar to the Internet in 1996—developing rapidly and potentially expanding faster than most people expect.

The two executives emphasized that the two major advantages of tokenization include the potential for instant settlement and the replacement of cumbersome private market processes with code. They believe that tokenization will become a bridge between traditional institutions and digital innovators, and investors will eventually be able to buy, sell, and hold all asset types through a single digital wallet.

[TechFlow]

BlackRock CEO: The potential impact of asset tokenization is comparable to the rise of the early internet

On December 2nd (UTC+8), BlackRock CEO Larry Fink and COO Rob Goldstein stated that tokenization is becoming a transformative force in global markets, with a potential impact comparable to the early rise of the internet. On Monday, the two published an article in The Economist, which was simultaneously released on BlackRock's official website.

They believe that digital ledgers record asset ownership, which can improve efficiency, transparency, and accessibility, and promote the modernization of the financial system. They also wrote, "Since the invention of double-entry bookkeeping, ledgers have never been so exciting." The two executives see tokenization as the next stage of technological change.

Fink recalled that early in his career, in the 1970s, transactions were conducted by telephone, and settlement relied on paper vouchers delivered by courier. In 1977, the emergence of SWIFT introduced a standardized electronic messaging system between banks, which significantly shortened settlement times from days to minutes. Today, global transactions can even be completed in milliseconds.

In 2009, Satoshi Nakamoto first used blockchain technology for Bitcoin, introducing a shared digital ledger that records transactions without intermediaries, laying the foundation for tokenization and allowing various assets to be stored in a single, independently verifiable digital record. Fink and Goldstein also stated that initially, the financial community found it difficult to understand its significance because tokenization was intertwined with the seemingly speculative cryptocurrency craze.

However, in recent years, traditional finance has discovered that tokenization can greatly expand the range of investable assets, beyond listed stocks and bonds.

[PANews]

BlackRock CEO: Tokenization could have an impact on finance comparable to the early internet's impact on the information sector

BlackRock CEO: Asset tokenization is entering an explosive period similar to the "early days of the Internet"

On December 2nd, BlackRock CEO Larry Fink and COO Rob Goldstein published an article in The Economist titled "How Tokenization Can Transform Finance," which stated: Tokenization is shaping the next stage of development in global markets by modernizing infrastructure through connecting traditional and digital finance, thereby improving efficiency, transparency, and accessibility.

Tokenization can replace paper documents with code, thereby reducing the friction that leads to high costs and time-consuming asset transactions, and transforming large, unlisted assets (such as real estate or infrastructure) into smaller, more accessible units.

Today, the development stage of tokenization is roughly equivalent to the period when three of the "Big Seven Tech Companies" had not yet been established. Its development speed will be comparable to the speed of the Internet's development and will achieve tremendous growth within a few decades. In the future, all types of assets can be bought, sold, and held through a single digital wallet.

[律动]

BlackRock: Tokenization is developing at a speed comparable to the early Internet and will achieve huge growth

On December 2nd, BlackRock CEO Larry Fink and COO Rob Goldstein published an article in The Economist titled "How Tokenization Can Transform Finance," which pointed out that: Tokenization is shaping the next stage of development in global markets by modernizing infrastructure through connecting traditional and digital finance, thereby improving efficiency, transparency, and accessibility.

Tokenization can replace paper documents with code, thereby reducing friction that leads to high costs and time-consuming asset transactions, and transforming large, unlisted assets (such as real estate or infrastructure) into smaller, more accessible units.

Today, the development stage of tokenization is roughly equivalent to the period when three of the "Tech 7 Giants" had not yet been established. Its development speed will be comparable to the speed of the Internet's development and will achieve tremendous growth in a few decades. In the future, all types of assets can be bought, sold, and held through a single digital wallet.

[律动]

BlackRock: Tokenization is developing at a pace comparable to the early internet and will achieve massive growth

BlackRock CEO Larry Fink and COO Rob Goldstein published an article in The Economist titled "How Tokenization is Revolutionizing Finance," in which they pointed out: Tokenization is shaping the next stage of the global market, modernizing infrastructure by bridging traditional finance and digital finance, thereby improving efficiency, transparency, and accessibility.

Tokenization can replace paper-based processes with code, reducing the friction that leads to high costs and delays in asset transactions, transforming large illiquid assets (such as real estate or infrastructure) into smaller, more easily accessible units.

The current stage of tokenization roughly equates to the early days of the “Big Tech 7,” with its development pace set to rival that of the internet and achieve significant growth over decades. In the future, various types of assets can be bought, sold, and held through a single digital wallet.

[BlockBeats News]

BlackRock: Tokenization Growing at Internet Speed, Poised for Massive Growth

BlackRock CEO Larry Fink and COO Rob Goldstein wrote in The Economist that tokenization is shaping the next stage of development in global markets by modernizing infrastructure by connecting traditional and digital finance, thereby increasing efficiency, transparency and accessibility.

Tokenization can replace paper documents with code, thereby reducing the friction that makes asset transactions costly and time-consuming, and transforming large, unlisted assets (such as real estate or infrastructure) into smaller, more accessible units.

Today, the development stage of tokenization is roughly equivalent to the period when three of the "Tech 7 Giants" had not yet been established. Its development speed will be comparable to the development speed of the Internet and will achieve tremendous growth in a few decades. In the future, all types of assets can be bought, sold and held through a digital wallet.

[ChainCatcher]

BlackRock: Tokenization will shape a new stage of global market development, and future digital wallets can hold and trade various types of assets.

BlackRock CEO Larry Fink and COO Rob Goldstein wrote in The Economist that tokenization is shaping the next stage of development in global markets by modernizing infrastructure by connecting traditional and digital finance, thereby increasing efficiency, transparency and accessibility.

Tokenization can replace paper documents with code, thereby reducing friction that leads to high and time-consuming asset transaction costs, and transforming large unlisted assets (such as real estate or infrastructure) into smaller, more accessible units.

Today, the development stage of tokenization is roughly equivalent to the period when three of the "Tech 7 Giants" had not yet been established. Its development speed will be comparable to the development speed of the Internet and will achieve tremendous growth in decades. In the future, all types of assets can be bought, sold and held through a digital wallet.

[Odaily]

BlackRock: Tokenization will shape a new stage of global market development, and future digital wallets can hold and trade various assets.

December 2nd (UTC+8), BlackRock CEO Larry Fink and COO Rob Goldstein wrote in The Economist that tokenization is shaping the next stage of development in global markets by modernizing infrastructure by connecting traditional and digital finance, thereby increasing efficiency, transparency, and accessibility.

Tokenization can replace paper documents with code, thereby reducing the friction that leads to high costs and time-consuming asset transactions, and transforming large, unlisted assets (such as real estate or infrastructure) into smaller, more accessible units.

Today, the development stage of tokenization is roughly equivalent to the period when three of the "Tech 7 Giants" had not yet been established, and its development speed will be comparable to the development speed of the Internet and will achieve tremendous growth in a few decades. In the future, all types of assets can be bought, sold, and held through a digital wallet.

[Odaily]

On December 2nd, BlackRock CEO Larry Fink and COO Rob Goldstein wrote in The Economist that tokenization is shaping the next stage of development in global markets by modernizing infrastructure by connecting traditional and digital finance, thereby increasing efficiency, transparency and accessibility.

Tokenization can replace paper documents with code, thereby reducing the friction that makes asset transactions costly and time-consuming, and transforming large, unlisted assets (such as real estate or infrastructure) into smaller, more accessible units.

Today, the development stage of tokenization is roughly equivalent to the period when three of the "Tech Seven Giants" had not yet been established. Its development speed will be comparable to the development speed of the Internet and will achieve tremendous growth in a few decades. In the future, all types of assets can be bought, sold and held through a digital wallet.

[深潮 TechFlow]

BlackRock's top executives foresee a significant transformation in the financial system through blockchain-based tokenization, allowing for faster and more secure asset trading without traditional intermediaries.

They believe tokenization will expand the range of investable assets and streamline transactions, although the transition won't happen overnight.

BlackRock Execs Expect Major Shift in Finance With Tokenization

贝莱德 CEO Larry Fink 与 COO Rob Goldstein 在《经济学人》撰文指出，资产代币化正进入类似“互联网早期阶段”的爆发期，将以远超传统金融预期的速度重塑市场。

真实世界资产代币化在过去 20 个月增长约 300%，区块链带来的共享账本可让几乎所有资产以更高效、透明、可验证的方式记录与交易。代币化仍处早期阶段，类似互联网 1996 年时的节点，但发展速度可能快于多数人的预期。

未来投资者或能在单一数字钱包中持有从股票、债券到数字资产的所有品类。

[吴说]

贝莱德 CEO：资产代币化正进入类似“互联网早期阶段”的爆发期


貝萊德 CEO Larry Fink 與 COO Rob Goldstein 在《經濟學人》撰文指出，資產代幣化正進入類似“網際網路早期階段”的爆發期，將以遠超傳統金融預期的速度重塑市場。

真實世界資產代幣化在過去 20 個月增長約 300%，區塊鏈帶來的共享賬本可讓幾乎所有資產以更高效、透明、可驗證的方式記錄與交易。代幣化仍處早期階段，類似網際網路 1996 年時的節點，但發展速度可能快於多數人的預期。

未來投資者或能在單一數字錢包中持有從股票、債券到數字資產的所有品類。

[吳說]