BlackRock CEO advocates that tokenization needs to advance on a single blockchain

Source: PortaldoBitcoin Original Title: BlackRock CEO Advocates for Tokenization to Advance on a Single Blockchain Original Link: https://portaldobitcoin.uol.com.br/ceo-da-blackrock-defende-que-tokenizacao-precisa-avancar-em-uma-unica-blockchain/ BlackRock CEO, Larry Fink, publicly stated this week that the advancement of financial asset tokenization depends on consolidating this process on a single blockchain. The statement was made during the World Economic Forum in Davos, Switzerland, reinforcing the view that market digitalization is inevitable and must scale quickly to unlock efficiency gains, reduce costs, and expand access to investments.

According to Fink, tokenization represents a natural evolution of the global financial infrastructure. For him, the migration of funds, stocks, and bonds to tokenized platforms would allow capital to flow much more simply between different asset classes, such as money market funds, stocks, and bonds, without the operational frictions that currently make the system more expensive.

“If all investments were on a tokenized platform, we could reduce fees and promote greater democratization precisely by lowering these costs,” the executive stated.

From the perspective of the CEO of the world’s largest asset manager, the existence of a common blockchain would be a central element of this transformation. Fink argues that operating on a shared infrastructure would not only make processes more efficient but could also reduce corruption practices and increase transaction transparency.

While acknowledging that reliance on a single blockchain could spark debates about concentration and risks, he maintains that, from an operational standpoint, activities would be “processed more securely than ever.”

Ethereum in the Lead

These statements carry additional weight because they come from a company managing over US$10 trillion that is already putting this vision into practice. BlackRock launched its main tokenized fund, BUIDL, directly on the Ethereum blockchain.

Although Fink did not explicitly mention a specific network in his speech, the fact that the asset manager chose Ethereum for this project suggests that, in their view, it could be the project capable of taking the lead.

This stance also aligns with a recent BlackRock report, which identified Ethereum and tokenized assets among the themes capable of boosting markets in 2026. The document treats tokenization less as a speculative bet and more as a structural tool to modernize access to traditional assets, in line with trends such as artificial intelligence, digital infrastructure, and geopolitical shifts.

By citing examples of emerging countries that have already advanced in digitalization and tokenization of currencies and financial systems, such as Brazil and India, Fink suggests that the transformation is not just a movement by the private sector but part of a broader reconfiguration of the global economic infrastructure. For him, the central question now is not whether tokenization will happen, but at what speed and under what technological architecture.

The advocacy for a single blockchain as the foundation for this new system positions BlackRock clearly within the debate on fragmentation versus standardization in the crypto market. In a scenario where different networks compete for liquidity and institutional adoption, Fink’s statement signals that, for large managers, scale, interoperability, and efficiency tend to weigh more than the multiplicity of solutions.