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BlackRock CEO Larry Fink has recently acknowledged Bitcoin as a valuable asset, referring to it as "digital gold". He predicts rapid growth for cryptocurrencies and champions the tokenization of all assets. BlackRock is developing in-house technology for asset tokenization and Fink believes the era of tokenization has begun.

BlackRock CEO Larry Fink has repeatedly compared Bitcoin and cryptocurrencies to gold, stating that they serve a similar purpose in the investment landscape. In a recent interview, Fink reframed Bitcoin as a gold alternative, suggesting it could be a safe investment option for diversifying portfolios. Despite the volatility, Fink believes Bitcoin is "not a bad asset," acknowledging its role in the market.