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BIGGEST #BITCOIN BREAKING EVERRR 🚨 TRILLIONS ABOUT TO ENTER THE CRYPTO MARKET BlackRock just filed with the SEC to launch tokenisation fund. BlackRock CEO Larry Fink: ‘…the next step is the tokenisation of financial assets, and that means every stock, every bond https://t.co/CeLGmhvpNc
Video Transcript AI Summary
We see the importance of anticipating the future, with ETFs being the next big thing after Bitcoin. Tokenization of financial assets is the way forward, where each stock and bond will have its own unique identifier. This will streamline processes, reduce costs, and allow for personalized investment strategies. With tokenization, settlements will be instant, and voting on stocks will be more transparent and efficient. This shift represents a technological revolution in the world of financial assets.
Full Transcript
Speaker 0: And we believe it's so important to be anticipating the next move. I would also say on on the beginnings of, of a ETF bitcoin, we believe ETFs are a technology no different than bitcoin was a technology for for asset storage. We believe the next step going forward will be the tokenization of financial assets. And that means every stock, every bond will have its own basically CUSIP. It'll be on one general ledger.
Every investor, you and I, will have our own number, our own identification. We could rid ourselves of all issues around illicit activities around bonds and stocks and digital by having a a a tokenization. But the most importantly thing, we can customize strategies through tokenization that is it fits every individual. We would have instantaneous settlements. Think about all the costs of settling bonds and stocks.
But if you had a tokenization, everything would be immediate because it's just a line item. And so we believe this is a technological transformation for financial assets. I believe if you wanna talk about voting and voting choice and all the things, if if we know every moment who is the owner of that stock and it's now time to vote, every individual who has ownership is identified, and they could vote their own share.