BlackRock(US:BLK) Yahoo Finance·2025-10-14 15:30Core Insights - BlackRock is developing technology for digital representations of traditional assets, with a focus on tokenization to broaden access to capital markets and reduce fees [1][2][3] - The firm is engaging with major financial platforms to advance its tokenization strategy, which is seen as a significant trend in the future of markets [2][3] - BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) is one of the largest tokenized assets, currently valued at $2.8 billion [5][6] Tokenization Strategy - BlackRock's CEO emphasized the need for rapid movement towards tokenization, particularly for assets with multiple intermediaries, to lower costs and enhance affordability [3][4] - The firm is not currently focusing on tokenizing real estate but recognizes its potential to reduce fees associated with home ownership [3] - Tokenized assets are gaining traction among younger investors, and introducing them to traditional assets could better prepare them for significant life events [4] Investment and Market Position - BlackRock led a $47 million funding round in Securitize, marking a strategic step in its digital assets strategy [6] - The company manages the largest ETFs for Bitcoin and Ethereum, with assets under management of $93 billion and $17 billion, respectively [6] - Future announcements regarding BlackRock's role in asset tokenization and digitization are anticipated, as the firm invests heavily in developing its own technology [7]