Opinion: BlackRock's Vision for a Universal Blockchain or Ethereum

BlockBeats News, January 22nd: BlackRock CEO Larry Fink stated at the Davos World Economic Forum that tokenization is inevitable and a universal blockchain is the future. If all investments are made on tokenization platforms, it will reduce costs and facilitate seamless capital flows between money market funds, stocks, and bonds.

Garrett Jin, agent for the "BTC OG Whale Insider," noted that Larry Fink's reference to a universal blockchain may imply Ethereum. BlackRock's flagship tokenization fund, BUIDL, is built on Ethereum and is supported by partners such as Securitize. This actually indicates that BlackRock is implementing Larry Fink's vision of a "single universal blockchain" and positioning Ethereum as the leading institutional-grade Real World Asset (RWA) tokenization infrastructure.