In his 2026 investor letter, Larry Fink highlights tokenization as the future of finance. (The “internet in 1996” comparison is an interpretation, not a direct quote.)

Key Points

Key Highlights:
  • Tokenization will make investing global, faster, and accessible via digital wallets
  • ~4B people are still unbrokered, huge growth potential
  • BlackRock is actively involved in crypto (ETH, SOL, LINK, etc.)
  • SWIFT + banks adopting crypto → real-world use is accelerating
  • Ethereum demand rising as core financial infrastructure
  • Big players accumulating:
    Key Highlights:
    • Saylor → BTC
    • Tom Lee → ETH (staking)
  • Markets volatile, but wars often mark early bottoms
  • Altcoins at long-term support levels
  • Adoption trend: 550M users → 1B by 2030

Final Takeaway
The exact phrasing is exaggerated, but the message is clear: institutions see crypto and tokenization as a major long-term shift, and adoption is accelerating despite short-term volatility.