BlockBeats News, December 2nd, BlackRock CEO Larry Fink and COO Rob Goldstein published an article in The Economist titled “How Tokenization Is Revolutionizing Finance,” pointing out that tokenization is shaping the next stage of the global market by bridging traditional finance and digital finance to modernize infrastructure, thereby improving efficiency, transparency, and accessibility. Tokenization can replace paper documents with code, reducing the friction that leads to high costs and lengthy processing times in asset transactions, transforming large illiquid assets (such as real estate or infrastructure) into smaller, more accessible units. The current stage of tokenization development is roughly equivalent to the early days of the “Big Tech 7,” with its growth rate expected to match that of the Internet and achieve substantial growth over decades. In the future, various types of assets can be bought, sold, and held through a single digital wallet.
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