BlackRock CEO: Cryptocurrency Business Will Become a $500 Million Annual Revenue Division Within Five Years

DeepFlowTech · 2026-03-25T01:07:45+00:00

BlackRock CEO Larry Fink predicted in his letter to shareholders that cryptocurrency business is expected to generate $500 million in annual revenue within the next five years. The company currently manages nearly $150 billion in digital assets, emphasizing the strategic significance of the entire market, and warned that the United States faces the risk of being surpassed if it does not accelerate its digitalization process.

DeepFlowTech

2026-03-25 01:07:45

Abstract generation in progress

Deep Tide TechFlow News, March 25 — According to Forbes, BlackRock CEO Larry Fink predicted in its 2026 annual letter to shareholders that the cryptocurrency business is expected to become a revenue-generating segment worth $500 million annually within the next five years.

Currently, BlackRock manages approximately 800,000 Bitcoin through its spot Bitcoin ETF, with a scale of about $55 billion, generating around $25 million in annual fees from the iShares Bitcoin Trust ETF. Its tokenized fund BUIDL (USD Institutional Digital Liquidity Fund) has become the world’s largest tokenized fund, with assets under management surpassing $2 billion.

Fink stated that BlackRock’s digital asset management assets are close to $150 billion, including $65 billion in stablecoin reserves and nearly $80 billion in digital asset exchange-traded products.

Fink reiterated the strategic importance of blockchain tokenization, believing it can convert traditional assets such as stocks, bonds, and real estate into tradable tokens on the chain, comparing this trend to the rapid development of the internet in the 1990s. He also warned that if the U.S. fails to accelerate digitalization and tokenization, it risks being overtaken by other countries.

BTC0,32%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.