Quick Facts:
1️⃣ BlackRock’s spot Bitcoin ETF IBIT surpassed $100B less than two years after its release on January 11, 2024.
2️⃣ Larry Fink announced a long-term plan to tokenize all assets, from funds to stocks and cash.
3️⃣ Fink argues that bubbles don’t impact long-term investors and that time in the market outweighs opportunistic buy-ins.
4️⃣ Bitcoin’s Layer 2 project, Bitcoin Hyper ($HYPER) reaches $23.9M in presale and eyes a Q1 2026 release.
BlackRock’s spot Bitcoin ETF (IBIT) just surpassed $100B in assets under management (AUM), which prompted CEO Larry Fink to announce the company’s tokenization plans.
Fink made the comments during a CNBC interview, where he said:
I do believe we’re just at the beginning of tokenization of all assets, from real estate to equities to bonds, across the board.
This comes over a year and a half after BlackRock launched its first tokenized fund, BUIDL, on the Ethereum network by partnering with Securitize.
In the official press release, Securitize’s co-founder and CEO, Carlos Domingo, said that BUIDL proves that tokenization is essentially unstoppable and that it will transform the capital market.
With over $1T in AUM, BlackRock’s decision to invest in tokenization tech stems from Bitcoin’s and Ethereum’s success, especially amid 20
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Author: Bogdan Patru
