- Tokenization, the process of developing and issuing a digital asset representing a real-world asset, is gaining recognition, as BlackRock CEO Larry Fink states that it will be the “next generation for markets”
- Brian J. Esposito, the CEO of multi-strategy operating company Diamond Lake Minerals, shares Fink’s vision and regards tokenization as a game-changing concept for investors
- Esposito believes tokenized assets provide opportunities to people who would have never had a chance to directly own such assets or participate in offerings
- DLMI hopes to capture a significant market share by offering SEC-registered tokens, appealing to investors who might be reticent to purchase digital assets like cryptocurrency that are not regulated
Tokenization is the process of developing and offering a digital asset that represents an existing, real-world asset. BlackRock, the world’s largest asset manager, is at the forefront of this digital transformation that is driving greater accessibility and efficiency within the traditional finance and investment spaces. Led by CEO Larry Fink, a visionary who holds that tokenization of financial assets will be “the next generation for markets” (https://ibn.fm/mRSiu), BlackRock recently launched the BlackRock USD Institutional Digital Liquidity (“BUIDL”) Fund, its first tokenized fund, issued on the Ethereum public blockchain (https://ibn.fm/0Da6G).
Larry Fink is not alone in his assessment of a future characterized by tokenized assets. Other executives, including Jonathan Larsen, the CEO of Ping A Global Voyager Fund, and Brian J. Esposito, the CEO of multi-strategy operating company Diamond Lake Minerals (OTC: DLMI), share this…
NOTE TO INVESTORS: The latest news and updates relating to DLMI are available in the company’s newsroom at https://ibn.fm/DLMI
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