BlackRock CEO Larry Fink has said tokenization is necessary for the next phase of global finance. He highlighted India and Brazil as leading the world in digitizing and tokenizing their currency systems, arguing that tokenized markets could reduce fees, expand access to investing, reduce corruption, and improve security compared to many traditional financial processes.

Fink framed tokenization as an inevitable upgrade to how capital markets operate. He described a future where major asset classes including money market funds, equities, and bonds can exist on tokenized platforms, enabling smoother movement between them while improving the underlying efficiency of market infrastructure.

• India & Brazil as Digital Currency Leaders
• Lower Fees & Broader Investing Access
• What This Signals for Global Markets

India and Brazil as Digital Currency Leaders

In his remarks, Fink called it ironic that emerging economies are at the forefront of currency digitization and tokenization. He specifically pointed to Brazil and India as leading examples, signaling that large scale financial innovation is not limited to traditional Western financial hubs.

These efforts, he noted, demonstrate that innovation in financial rails does not need to originate solely from traditional Western financial centers.

Lower Fees and Broader Investing Access

A central claim in Fink’s view is that tokenized markets can cut costs. By reducing the need for multiple intermediaries and streamlining how value moves across asset types, tokenization could reduce fees that investors pay today.

He also argued that lower fees would support democratization by expanding access to investing and participation in financial markets. Beyond cost efficiency, Fink argued that blockchain-based tokenization could help reduce corruption and increase transparency.

NEW: BlackRock CEO Larry Fink says tokenization is necessary.

He points to 🇮🇳 India and 🇧🇷 Brazil as leading the world in digital currency.

Tokenized markets could cut fees, democratize investing, reduce corruption, and be more secure than today’s systems. pic.twitter.com/ghqJcUY7Qu— Crypto India (@CryptooIndia) January 22, 2026

With transactions recorded on a common, verifiable ledger, market activities could become more auditable and resistant to manipulation compared to many legacy systems. Fink also positioned tokenization as a structural upgrade for market integrity.

With activity recorded on shared infrastructure, he argued tokenized systems could reduce corruption and improve transparency. While acknowledging that relying on shared blockchain rails creates a different kind of dependency, he maintained that the processing of activity could be more secure than the systems used today.