PANews reported on April 12 that according to CNBC, Larry Fink, CEO of asset management giant BlackRock, hopes that all assets (from stocks to bonds, real estate, etc.) can be traded online on the blockchain. He said that the concept of "tokenization" will completely change financial ownership and investment, and every asset can be tokenized.

Larry Fink added that unlike traditional paper certificates that symbolize financial ownership, tokens can exist securely on the blockchain and can be bought, sold and transferred instantly without paperwork or waiting, much like a digital contract.