𝗧𝗼𝗸𝗲𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗪𝗶𝗹𝗹 𝗕𝗲𝗰𝗼𝗺𝗲 𝗧𝗵𝗲 𝗕𝗿𝗶𝗱𝗴𝗲 𝗕𝗲𝘁𝘄𝗲𝗲𝗻 𝗖𝗿𝘆𝗽𝘁𝗼 & 𝗧𝗿𝗮𝗱𝗙𝗶

BlackRock, the head of the world’s largest asset manager, once a crypto skeptic, is now publicly explaining why tokenization isn’t hype but the next stage in financial evolution — and it’s no longer about “coins for geeks” but about how the future capital market will look.

What happened

Larry Fink and BlackRock COO Rob Goldstein published an op-ed in The Economist about the role of tokenization

They don’t promise to “replace the financial system,” but they call tokenization a bridge between banks, funds, and crypto projects

BlackRock manages more than $13.4 trillion, and its tokenized money market fund BUIDL has already reached around $2.8 billion

How BlackRock views tokenization

Traditional institutions stand on one side, “digital” players on the other — tokenization builds the bridge

In the future, there will be no separate “crypto portfolio” vs. “stock portfolio”: any asset can live in a single digital wallet

Tokenization expands the investable universe far beyond public equities and bonds

Why traditional finance is “ready” now

Before, tokenization was overshadowed by speculative crypto hype, which looked like gambling from the outside

Now major players see the practical layer beneath the hype: tokens are a way to package and interlink different asset classes

A real precedent already exists: BUIDL — the world’s largest tokenized money fund — operating on real infrastructure

Regulators and the rules of the game

Fink and Goldstein emphasize: tokenization must develop within a safe, regulated environment

The idea is not to invent “crypto laws,” but to align frameworks: risk should be assessed by the nature of the asset, not its format

“A bond remains a bond, even if it lives on a blockchain” — the key message for lawmakers and markets

What this means for the market

The world’s largest asset manager publicly affirms: crypto and traditional finance aren’t competitors — they are learning to work together

Tokenization stops looking like an experiment and becomes infrastructure for funds, banks, and corporations

It signals to the industry that big capital is ready to build not a parallel world, but a connected one where derivatives, funds, stablecoins, and tokenized products coexist in a shared digital logic

Conclusion: When BlackRock calls tokenization a bridge, this is no longer a Discord theory — but a scenario that players with trillions in AUM can actually implement. The question is no longer if tokenization is coming, but who will secure the key roles in this new interconnected financial system.