asset management industry

According to reports, BlackRock CEO Larry Fink pointed out several trends in digital assets in his annual letter to shareholders on Wednesday. Fink said that in addition to the media’s “obsession” with Bitcoin and the collapse of FTX, BlackRock has several areas of interest. In many emerging markets such as India, Brazil, and parts of Africa, we are witnessing significant advances in digital payments, reducing costs, and promoting financial inclusion. As for the asset management industry, the operational potential of digital asset underlying technology may generate exciting applications. BlackRock CEO: Tokenization of asset classes can improve the efficiency of the capital market Analysis based on this information:In his annual letter to shareholders, Larry Fink, the CEO of BlackRock, discussed the current trends and potential of digital assets. While many have been focused on the media’s “obsession” with Bitcoin and the recent collapse of FTX, Fink pointed out that there are other important areas of interest. One trend that Fink highlighted…