Larry Fink, CEO of BlackRock, reaffirmed in his annual letter the importance of the tokenization of traditional assets. The executive highlighted that, with half of the world’s population using digital wallets, the financial future lies in transforming stocks and bonds into “on-chain” digital tokens, facilitating an investment system as simple as making a mobile payment.
This endorsement arrives at a time of unprecedented institutional convergence. The SEC, under the direction of Paul Atkins, authorized Nasdaq to launch a pilot program for trading tokenized stocks, while firms like Goldman Sachs are already integrating distributed ledger technology into their strategic reports. For the market, this represents an evolution from “legacy infrastructure” toward a global, fractional ecosystem available 24/7.
In summary, the bet by Wall Street giants on blockchain seeks to eliminate entry barriers and accelerate global liquidity.
Source:https://goo.su/tKSUTh
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