CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
crypto.news 2025-01-23 16:46:35

BlackRock CEO Larry Fink calls for tokenized stocks and bonds

BlackRock CEO Larry Fink appeared on CNBC’s Squawk Box from the sidelines of the World Economic Forum in Davos, discussing topics such as blockchain, regulatory challenges, and the global economy. Fink advocated for the Securities and Exchange Commission to approve the tokenization of bonds and stocks, suggesting it could streamline ownership and reduce costs by providing direct notifications to investors. “If we can tokenize bonds and stocks… it will democratize investing in ways we can’t imagine,” he said. Fink also addressed the complexity of proxy voting under SEC Chairman Gary Gensler’s tenure, describing it as “open warfare” for CEOs. He called for a review of the system to simplify corporate governance and reduce costs. On Environmental, Social, and Governance policies, Fink responded to criticisms from activist shareholders and legal challenges. He emphasized the importance of staying authentic and client-focused, despite political pressures. BlackRock’s recent success in raising $641 billion, primarily from U.S. clients, underscores this approach. You might also like: Interview: Umoja launches yBTC vault offering 20%+ APY on Bitcoin Bitcoin to $700,000? Fink suggested earlier at Davos that Bitcoin’s price could surge to $700,000 if sovereign wealth funds allocated 2% to 5% of their portfolios to the cryptocurrency. Speaking at the World Economic Forum, Fink described Bitcoin as a tool to address concerns over currency debasement and political instability. “If you’re frightened about debasement or local political instability, you have an international instrument called Bitcoin to overcome those fears,” Fink said. “We could see $500K, $600K, $700K per Bitcoin.” However, Fink clarified that he was not promoting Bitcoin, instead emphasizing its volatility. He pointed out that even during bull markets, Bitcoin has experienced significant price corrections. You might also like: Transak teams up with Uranium.io for tokenized uranium buys

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta