BlackRock CEO Larry FinkHe said developed markets are lagging behind in digital payments.
Larry Fink, drew attention to the benefits of digital assets in a digital letter to investors and USA He said that developing countries such as developing countries lag behind in innovation. Fink, the post March 15 and covered a variety of topics that the firm was interested in last year, including digital assets. fink, FTXhighlighted the growing and continuing interest in these cryptoassets despite the disaster.
Fink: US lags behind on innovation
Larry Fink India, BrazilAnd AfricaHe pointed to advances in digital payment solutions that are helping to advance financial inclusion in many emerging markets such as
On the other hand, the CEO USAHe stated that many markets, including the
Stating that the technology underlying digital asset innovations could have some exciting applications, Fink specifically touched on the tokenization of asset classes. He praised their potential to drive efficiency in capital markets, shorten value chains, and improve costs and access for investors.
Not disregarding the risks and need for regulation in the crypto space at the end of his statement, Fink nevertheless pointed out that the company will further explore digital assets going forward.
BlackRockcompany, September 2022released a new ETF that invests in 35 blockchain-related companies.
