BlackRock CEO Larry Fink Calls On SEC To Approve Tokenization Of Bonds

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BlackRock CEO Larry Fink Calls On SEC To Approve Tokenization Of Bonds

In a recent development, BlackRock’s CEO Larry Fink has called on the US Securities and Exchange Commission (SEC) to approve the tokenization of bonds and stocks. He further explained how this move would make things easier for investors.

Larry Fink Calls On SEC To Approve Tokenization Of Bonds

In a CNBC interview, BlackRock’s CEO Larry Fink called on the US SEC to approve the tokenization of bonds and stocks. He added that this move will simplify things and make things easier for institutions and investors.

Fink gave an example of how tokenization will help his company save costs as they will no longer have to vote on a proxy vote again because every investor will be notified through the tokenization of equities.

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