BlackRock CEO Fink Urges SEC To ‘Rapidly Approve’ Tokenization Of Stocks And Bonds
Posted On January 23, 2025
BlackRock Inc. (NYSE:BLK) CEO Larry Fink on Thursday called for the Securities and Exchange Commission to speed up the approval process for the tokenization of traditional financial assets.
In an interview with CNBC, Fink emphasized the transformative potential of tokenizing stocks and bonds, stating, “I want the SEC to rapidly approve the tokenization of bonds and stocks.”
Fink believes that tokenization can streamline financial processes, reduce costs for investors and fundamentally change the way assets are managed.
He highlighted the potential to eliminate the complexities associated with proxy voting, saying “BlackRock would never have to vote on …
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