BlackRock CEO Larry Fink said President Donald Trump's efforts to unleash capital in the private sector could have unintended consequences that would hurt the stock market."I'm cautiously optimistic.

CEO Larry Fink on Thursday called for the Securities and Exchange Commission to speed up the approval process for the tokenization of traditional financial assets. In an interview with CNBC, Fink emphasized the transformative potential of tokenizing stocks and bonds,

Overseeing some $11.6 trillion, BlackRock is the world’s largest asset manager and houses around $700 billion managed for insurance companies. During the company’s third-quarter earnings call yesterday, Fink pointed to insurance as “one of the primary areas of growth for us.”

RWA tokenization expanded to $7.9B in value locked after a highly active year. The RWA narrative is trying to compete with memes and AI agents, awaiting a new crypto standard for mass tokenization.

Fink laid out a scenario where Bitcoin jumps sixfold to hit $700,000 in a discussion about crypto in Davos Wednesday.

Treasury yield surpassed 5%, it could "shock" the stock market and "force a revaluation," BlackRock's Larry Fink said.

In a recent public statement, Larry Fink, the Chief Executive Officer of BlackRock (NYSE:BLK), expressed his support for the Securities and Exchange Commission (SEC) to approve the tokenization of bonds and stocks.