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3 days ago

BlackRock's Fink Joins World Economic Forum as Co-Chair—Is Global Crypto Integration Next?

Larry Fink's appointment as interim co-chair of the World Economic Forum represents crypto's complete institutional victory. The BlackRock CEO who once called Bitcoin a "money laundering" tool now oversees $100+ billion in crypto assets and predicts Bitcoin could hit $700,000 if sovereign wealth funds allocate just 2-5% to it. His WEF leadership position creates a direct pipeline from the world's largest asset manager to global policy formation, effectively ending crypto's outsider status and positioning digital assets as core financial infrastructure. This isn't gradual adoption—it's institutional surrender. Fink's vision of tokenizing "every stock, every bond, every fund" combined with his regulatory influence through the WEF platform accelerates crypto integration timelines dramatically. When the head of $10 trillion in assets shapes global economic discourse while holding the world's largest institutional crypto portfolio, cryptocurrency transitions from alternative investment to economic orthodoxy. The crypto revolution didn't overthrow traditional finance; it convinced traditional finance to join.

Source: HackerNoon →


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