BlackRock CEO: Tokens are like digital contracts, and the concept of tokenization will revolutionize financial ownership and investment

Larry Fink, CEO of asset management giant BlackRock, hopes that all assets (from stocks to bonds, real estate, etc.) can be traded online on the blockchain. He said the concept of "tokenization" will completely change financial ownership and investment, and every asset can be tokenized. Fink added that unlike traditional paper certificates symbolizing financial ownership, tokens can safely exist on the blockchain, enabling instant purchase, sale, and transfer without paperwork or waiting, much like digital contracts.