BlackRock Plans Tokenization as IBIT Surpasses $100B in AUM and $HYPER’s Presale Reaches $23.9M
PositiveCryptocurrency

BlackRock is making waves in the financial world as its spot Bitcoin ETF, IBIT, has surpassed $100 billion in assets under management just two years after its launch. CEO Larry Fink has ambitious plans to tokenize a wide range of assets, including funds, stocks, and cash, which could revolutionize how investments are managed. Fink believes that long-term investors are less affected by market bubbles, emphasizing the importance of staying invested over time. This move not only highlights BlackRock's innovative approach but also signals a significant shift towards digital asset management in the finance industry.
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