“I hope that the SEC quickly approves the tokenization of obligations and actions,” said Fink in his recent interview with Squawk Box of CNBC.
Larry Fink, CEO of BlackRock, one of the largest fundamental managers in the world, has given its point of view on the tokenization of obligations and actions. Being a “big supporter” of cryptography, blockchain technology and tokenization, he explained how the latter can “allow financial institutions, such as his business, to more easily offer their customers tokenized digital assets”.
On the other hand, Fink also commented on the volatile nature of Bitcoin and how he could experience an increase of $ 700,000 if the sovereign funds devoted 2 to 5 % of their flagship cryptocurrency portfolios.
However, the Bitcoin deficit, like its 10 -minute blocking time, was its biggest obstacle, that a new layer 2 solution project could solve.
