BlackRock CEO Larry Fink says the global financial system is going through a major shift, and Bitcoin is now at the heart of it. From digital assets like stablecoins and tokenized securities to updates in financial rules, everything is changing fast.

Speaking at a recent event, Fink revealed that large government-backed investment funds — known as sovereign wealth funds — are quietly buying up Bitcoin. These big players are not looking for quick profits. Instead, they see Bitcoin as a long-term investment, a digital version of gold. According to Fink, they’re buying at key price points like $120,000, $100,000, and even when Bitcoin dips into the $80,000 range.

“They’re not trading it like a stock,” Fink said. “They’re holding it for the future.”

He also described Bitcoin as a “fear asset” — something investors turn to when the world feels uncertain or unstable, like during wars or financial crises. Still, he warned that Bitcoin is still very volatile, with prices swinging wildly due to risky bets from overseas traders and speculation in the market.

On the topic of regulation and lobbying, Fink said BlackRock is cautious. He emphasized that the company avoids trying to influence lawmakers unfairly and makes sure its political donations are balanced.

Looking ahead, Fink believes we’re moving toward a world where almost everything — stocks, bonds, real estate — will be digitized and tokenized. This means no more middlemen like banks or brokers. People will be able to move money instantly between digital wallets and investments. But he warned that the U.S. is falling behind countries like India and Brazil in building this new digital financial system.

Coinbase CEO Brian Armstrong agreed with Fink. He said that traditional banks are slowing down the adoption of stablecoins because they want to protect their profits. But eventually, banks may start offering their own stablecoins that pay interest.

Fink also talked about artificial intelligence (AI). He said we don’t yet know if we’re spending too much or too little on AI development, but one thing is clear: demand for computing power will keep rising fast. Some companies will win big, while others may crash. He stressed that the U.S. needs to move faster or risk falling behind in tech innovation.

In summary:
– Big investors are buying Bitcoin as a long-term asset.
– Bitcoin acts as a safe haven during global uncertainty.
– Financial systems are shifting toward tokenization.
– The U.S. risks falling behind in digital finance and AI.
– AI and crypto are key areas for future growth and disruption.

Keywords: Bitcoin, Larry Fink, BlackRock, sovereign wealth funds, long-term investment, tokenization, stablecoins, digital assets, financial system transformation, AI, U.S. innovation, crypto market trends.