Larry Fink is the CEO of the world’s largest asset manager, BlackRock Inc. (NYSE: BLK). The finance titan is diving deeper into cryptocurrencies, first through Bitcoin (BTC) and now turning its eyes to Ethereum (ETH).
BlackRock’s CEO appeared on CNBC to discuss the company’s focus on infrastructure, following a “macro trend,” in his words.
Notably, Larry Fink addressed investments in the cryptocurrency market and the recently approved Bitcoin spot ETF with its redemption model. However, the spotlight went to Fink’s forecast of an Ethereum spot ETF approval, which he sees as likely to happen.
“I see value in having an Ethereum ETF. As I said, these are just stepping stones towards tokenization. I do believe this is where we will be going. We have the technology to tokenize today. (…) This eliminates all corruption by having a tokenized system.”
— Larry Fink, CEO at BlackRock Inc.
Part 2: ETH ETF pic.twitter.com/qnmB7azyQN
— Cryptik1.eth |🛸 (@Cryptik1E) January
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