Larry Fink, CEO at BlackRock has emphasized the the significance of #tokenization in the future of financial markets stating: "ETFs are step one in the technological revolution in the financial markets,” adding, “Step two is going to be the tokenization of every financial asset"
As the chart below shows, cryptocurrencies, valued at $1.8 trillion, are a fraction of the $2.2 quadrillion of other asset classes, indicating the vast untapped potential of #tokenisation.
Join me, Jonny Fry, Breige Tinnelly, Gilbert Verdian, Elliot Hentov and Matthew Hunt on 20 June at 8.30am at 165 Fleet Street to discuss the future of money and #fundtokenization:
https://bit.ly/3KCKIxS
#Tokenization is still in its early beginnings, but lately the topic increasingly picks up pace and turned into a trend that no financial institution can miss 🙌
Even the CEO of the largest asset manager BlackRock, Larry Fink understands the benefits of tokenization already pretty well. Do you?
Most important points of the interview with Larry Fink summarized
👉We believe the next step going forward will be the tokenization of financial assets
👉Every stock, every bond will have its own CUSIP (American ISIN), it will be on one general ledger
👉Every investor will have their own number, their own identification (“KYC´d Wallet”)
👉We would have instantaneous settlement. Think about all the costs of settling bonds and stocks but through tokenization everything will be immediate
👉Easier customize strategies so that it fits every individual
👉We believe its a technological transformation for financial assets 🚀
Can´t agree more with Larry Fink, but also want to highlight that through tokenization we do not only have a more efficient infrastructure. We do have smart, programmable financial instruments with much more product features and possibilities as of today. Certainly the infrastructure needs to be further developed but also the understanding of (financial) product managers needs to increase to fully understand the most important features of the technology - developing innovative financial instrument issued on a truly digital and efficient infrastructure.
Gonna be an exciting 2024 in which the evolution of securities will make a significant step forward!
#eWpG#cryptosecurities
The largest financial institutions in the world are signalling their interest in #tokenization.
Larry Fink, CEO of BlackRock stated this week “ETFs are step one in the technological revolution in the financial markets. Step two is going to be the tokenization of every financial asset”.
With many of the key building blocks falling into place, asset tokenization is set to be at the centre of this next evolution of financial infrastructure, representing an enormous opportunity for innovation in a variety of verticals such as real estate, commodities, collectables, infrastructure, data and IP.
#TokenisedAssets are gaining momentum as the future of finance. According to BlackRock's CEO, Larry Fink, in a recent interview, tokenisation is here to stay. Check out the video to hear his thoughts on the subject (minute 2:40). With Fink's endorsement, it's inevitable that other institutions are now in FOMO mode. #TokenisedAssets#BlackRock#RWA#depositTokens.
We're just over a week away from TradingTech Summit London - Buy AND Build: The Future of Capital Markets Technology!
You won't want to miss our line-up of case study presentations, including this one - Journey of building and migrating algos at Stifel Financial - from Aviad Axelrod, Algorithmic Trading and Execution Services at Stifel Financial Corp.. We'll find out:
🟣Considerations for build vs. buy and what influenced the approach at Stifel
🟣How to address challenges and insights into the process
🟣Lessons learned and early benefits from the journey so far
Registerhttps://lnkd.in/grvZQaXS#TTSLDN#tradingtech#tradingtechsummit#stifelfinancial#algos#buyandbuild
👀 Want to know more about our stand partners at the @AIM_Congress? 🎬 Watch how we're joining forces with @TLIP_io, @TokenySolutions, @wef, and @realizefinance to reshape the global financial landscape through real-world asset tokenization.🔗https://t.co/30NZg26lAg#RWAhttps://t.co/GMF0QCibA0
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We're just over a week away from TradingTech Summit London - Buy AND Build: The Future of Capital Markets Technology!
You won't want to miss our line-up of case study presentations, including this one - Journey of building and migrating algos at Stifel Financial - from Aviad Axelrod, Algorithmic Trading and Execution Services at Stifel Financial Corp.. We'll find out:
🟣Considerations for build vs. buy and what influenced the approach at Stifel
🟣How to address challenges and insights into the process
🟣Lessons learned and early benefits from the journey so far
Registerhttps://lnkd.in/grvZQaXS#TTSLDN#tradingtech#tradingtechsummit#stifelfinancial#algos#buyandbuild