TechFlow news, on December 2, BlackRock CEO Larry Fink and COO Rob Goldstein wrote in The Economist that tokenization is shaping the next phase of global markets by modernizing infrastructure through connecting traditional finance with digital finance, thereby improving efficiency, transparency, and accessibility. Tokenization can replace paper documents with code, reducing friction that makes asset transactions costly and time-consuming, and transforming large private assets such as real estate or infrastructure into smaller, more accessible units. Today’s stage of tokenization development is roughly equivalent to the period when three of the “tech seven giants” had not yet been established; its growth rate will match that of the internet, achieving massive expansion over decades, enabling all types of assets to be bought, sold, and held through a single digital wallet in the future.
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