BlackRock Develops In-House Tokenization Tech to Bring Traditional Assets On-Chain

By Marco Piccolo

BlackRock, the world’s largest asset manager with a record $13.5 trillion in assets under management, is accelerating its push into blockchain technology by developing its own tokenization infrastructure. CEO Larry Fink revealed the company’s strategic initiative during its Q3 earnings call, underlining the potential of tokenized assets to reshape capital markets.

“We’re spending a great deal of time on trying to develop our own technology related to this,” Fink said, referring to tokenization, a process that involves converting real-world assets like stocks, bonds, or real estate into digital tokens on a blockchain. “It is our belief that we need to move rapidly.”

A long-term bet on tokenization

Fink, a vocal advocate of tokenization since 2022, sees the technology as a way to reduce fees, eliminate middlemen, and broaden access to financial products. By tokenizing exchange-traded funds (ETFs) and other traditional assets, BlackRock aims to streamline investment processes and make markets more efficient.

“If we could orchestrate a business plan around tokenization of ETFs… we can introduce young investors to more traditional assets sooner in their life path,” Fink said, citing the growing interest in digital assets among younger demographics.

While BlackRock isn’t currently focusing on tokenized real estate, Fink identified the sector as one where costs from multiple intermediaries could be significantly reduced. “Tokenization could make home ownership more affordable,” he said.

Building the infrastructure and partnerships

The firm’s tokenization strategy is already taking shape through its USD Institutional Digital Liquidity Fund (BUIDL), a tokenized money market fund launched in partnership with digital asset platform Securitize. Valued at $2.8 billion, BUIDL is currently one of the largest tokenized funds on the market and operates across multiple blockchains, including Ethereum, Solana, and Avalanche.

CEO of world’s largest asset manager…

“We’re just at the beginning of the tokenization of all assets.”

Yes, includes ETFs.

Larry Fink on his positively evolving attitude towards crypto: “I grow & learn.”

Good lesson here.

And some of you *still* think crypto is a scam. pic.twitter.com/GJ8oxWF3vK

— Nate Geraci (@NateGeraci) October 15, 2025

BlackRock also led a $47 million strategic funding round in Securitize earlier this year, signaling its commitment to the space. Joseph Chalom, BlackRock’s Global Head of Strategic Ecosystem Partnerships, described the investment as “another step in the evolution of our digital assets strategy.”

At the same time, BlackRock continues to dominate the traditional digital asset investment space, managing the largest spot Bitcoin and Ethereum ETFs in the United States—holding $93 billion and $17 billion in assets, respectively.

Institutional adoption on the horizon

Though the timeline for a public rollout of BlackRock’s tokenization technology remains unclear, Fink hinted at “exciting announcements in the coming years” that could position the firm as a leader in the digital transformation of traditional finance.

“We’re having conversations with all the major platforms,” he said, referencing ongoing talks about integrating tokenized assets with digital wallets and broader financial infrastructure.

Source:: BlackRock Develops In-House Tokenization Tech to Bring Traditional Assets On-Chain