BlackRock’s CEO has emphasized the company’s commitment to investing time in research and development aimed at proprietary technology for asset tokenization and digitization. This initiative reflects a strategic approach to enhance the firm’s capabilities in the evolving financial landscape. The focus on proprietary technology is intended to improve efficiency and innovation in asset management. By prioritizing research and development, BlackRock aims to stay ahead in the competitive market and leverage advancements in technology. The move signifies a broader trend in the finance industry towards digital transformation and the adoption of new technologies.
