BlackRock CEO Larry Fink pointed out several trends in digital assets in his annual letter to shareholders on Wednesday. The letter mentioned that in addition to the media's "obsession" with Bitcoin and the collapse of FTX, BlackRock has several areas of interest, including in many emerging markets such as India, Brazil and parts of Africa, where we are witnessing tremendous progress in digital payments, reducing costs and advancing financial inclusion. As for the asset management industry, the operational potential of the underlying technology of digital assets may produce exciting applications. The company will continue to explore the digital asset ecosystem, especially in areas that are most relevant to our clients, such as permissioned blockchains and the tokenization of stocks and bonds. (The Block)
