#TraditionalFinanceAcceleratesTokenization

#传统金融加速代币化 Bridgewater CEO: Tokenization of Traditional Assets Will Spark a Financial Revolution
Larry Fink, CEO of Bridgewater, believes that the next major change in the global financial sector will come from converting traditional assets ( such as stocks, bonds, and real estate ) into digital tokens. In an interview, Fink stated that the company sees tokenization as an opportunity to attract new investors to mainstream financial products through digital means. According to Fink, the size of the "digital wallet" market is estimated at around $4.1 trillion. He explained, "If we can convert an ETF into a digital form and create its digital version, we will be able to attract investors who started their investments in cryptocurrencies and guide them toward long-term products. This is the next major opportunity for Bridgewater over the coming decades." As the world's largest asset management firm, Bridgewater manages assets worth up to $13.5 trillion, including $104 billion in cryptocurrency-related assets, approximately 1% of its investment portfolio.
Tokenization Is Still in Its Early Stages
Fink pointed out that although tokenization holds enormous potential, it is still in the initial development phase. According to a study by Mordor Intelligence, by the end of 2025, the market for digitized assets valued at over $2 trillion is expected to grow to more than $13 trillion, and this figure will continue to grow by 2030. He added that Bridgewater is actively preparing to deepen its involvement in this field, as its various teams explore new tokenization strategies to strengthen its leading position in digital asset management. It is worth noting that the company currently manages the BUIDL ( Bridgewater's institutional digital liquidity fund in US dollars ), the largest tokenized spot market fund globally, launched in March 2024, with assets totaling $2.8 billion. Bridgewater's future strategy has received positive feedback from Wall Street. Morgan Stanley confirmed in a research report that the buy recommendation on Bridgewater shares remains valid, citing the tokenization of all assets as one of the main reasons for its optimism about the company's future.
From Cryptocurrency Skeptics to Blockchain Supporters
Fink's stance on digital assets is undergoing a transformation, which starkly contrasts with his previous criticisms of cryptocurrencies. In a recent program, he compared cryptocurrencies to gold and described them as an alternative diversification option in investments. Fink had previously called Bitcoin a "money laundering indicator," but now admits that his opinion has changed, saying, "I was previously opposed, but I was learning and growing." With this shift, Bridgewater's increasing interest in blockchain technology and financial tokenization highlights that traditional institutions are increasingly moving toward adopting digital transformation in asset management.