BlackRock CEO Larry Fink Says Bitcoin and Crypto Growing Rapidly 

BlackRock CEO Larry Fink expressed strong optimism for the growing role of Bitcoin and digital assets in the global financial system. Speaking at the Global Financial Leaders’ Investment Summit 2025 in Hong Kong, hosted by the Hong Kong Monetary Authority (HKMA), Fink highlighted that crypto is “growing very rapidly.” He compared Bitcoin’s role to that of gold, emphasizing its importance in a shifting economic landscape. This statement underscores the broad embrace of digital assets by major institutions, signaling a transformative moment in global finance.

During the summit, Larry Fink emphasized Bitcoin’s growing role as a modern safe-haven asset, likening it to gold. He described Bitcoin as an “asset of fear”—a financial instrument people turn to during times of uncertainty or economic instability. “There is a role of gold and there is a role of Bitcoin,” Fink remarked, emphasizing their importance for those worried about currency depreciation or financial insecurity. He further revealed that over $1.4 trillion is currently held in digital wallets, calling this trend a “clear sign of rapid growth in digital assets.”

Beyond Bitcoin, Fink discussed the tokenization of real-world assets, which he believes will drive the next major transformation in finance. He suggested that future applications could include tokenizing exchange-traded funds (ETFs) and other traditional instruments, enabling investors to seamlessly trade using stablecoins or digital wallets. “Tokenization can make markets more efficient, transparent, and inclusive,” Fink explained. He highlighted how the adoption of programmable assets could eliminate many inefficiencies in today’s financial systems. This vision aligns with BlackRock’s broader mission to integrate blockchain technology into global markets, further demonstrated by their push for regulatory clarity and active participation in the Bitcoin EFT expansion.

In addition to blockchain and tokenization, Larry Fink also discussed the growing influence of AI in transforming finance. He stated that AI will revolutionize portfolio management, client interactions, and market predictions. “AI is transforming the way we manage portfolios, communicate with clients, and predict market movements,” Fink noted, calling it one of the most powerful tools for the future of finance. Sharing the stage with Citadel CEO Ken Griffin, they discussed the resilience of global markets and how innovation will drive growth in the post-pandemic world.

BlackRock’s long-term strategy remains focused on providing clients with access to diversified investment opportunities across both traditional and digital assets. Fink hinted at the firm’s plans to continue expanding into private markets and digital infrastructure. He sees tokenization and AI as complementary forces driving future growth. Summing up his vision at the summit, Fink remarked, “This is only the beginning. The world of finance is evolving, and Bitcoin, tokenization, and AI are all part of that transformation.” His remarks represent a pivotal moment, signaling Wall Street’s increasing acceptance of crypto, supported by the vision of the world’s largest asset manager.