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wn.com - 5 days ago

BlackRock stock: why tokenization of assets may be its ‘next wave of opportunity’

The global financial services industry is only “at the beginning of tokenization of all assets – from real estate to equities to bonds,” says Larry Fink, chief executive of BlackRock Inc (NYSE: BLK). Fink’s remarks on tokenization and how it could prove majorly constructive for BLK shares come on the heels of a strong third-quarter earnings release on Tuesday. The multinational saw its revenue come in at $6.51 billion, up 25% year-over-year, while adjusted earnings printed at a better-than-expected $11.55 in...


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