Blackrock's Fink Foresees Tokenization Potential

BlackRock's CEO Larry Fink highlighted the potential of tokenization. He also warned that the U.S. could lose its financial dominance if it fails to embrace it. \nBlackRock is preparing to run blockchain across its back-office ONE, according to statements on its proposed digital asset class fund, Treasury Trust, worth $150 billion via BNY Mellon.\nAccording to the Libre, tokenization of $500 billion of Telegram's debt and its transfer to the TON blockchain was previously announced. As of February 29, BlackRock manages assets totaling $150 billion. The DLT stock class has a minimum investment of $3 million for institutional buyers, without minimum investments for accessible purchases.