BlackRock (BLK), the asset management giant overseeing more than $13 trillion of assets, is ramping up efforts to bring traditional finance (TradiFi) onchain, seeking a bigger role in tokenization as a way to unlock access to markets and streamline how assets are traded.
Teams across the firm are exploring how to use tokenization to make markets more efficient and accessible, with leadership hinting at bigger moves ahead, CEO Larry Fink said during an earnings call following its earnings release Tuesday.
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