[BlackRock CEO: Tokenization Will Enable Seamless Conversion of Global Financial Assets] BlackRock Chairman and CEO Larry Fink stated at the Hong Kong FinTech Week 2025 that tokenization could become a significant part of the evolution of the global financial system. He noted that if all ETFs (with a total scale of $5.3 trillion) were tokenized and stored in digital wallets, users could seamlessly use digital currencies, stablecoins, etc., to purchase bonds or stocks without incurring fees. Fink anticipates that more financial assets will be digitized and stored on a single blockchain, enabling seamless conversion between cash, stocks, and bonds. He also mentioned that gold and Bitcoin are symbols of fear, with approximately $4.1 trillion currently stored in digital wallets, and this figure is growing rapidly.