BlackRock (NASDAQ:BLK) CEO Larry Fink on Thursday said the global financial system is undergoing a seismic transformation — from stablecoins and prediction markets to tokenization and regulatory reform, with Bitcoin (CRYPTO: BTC) now playing a central, strategic role.
What Happened: Speaking at The New York Times DealBook Summit, Fink said several sovereign wealth funds are actively accumulating Bitcoin, adding at key price levels around $120,000, $100,000, and even the $80,000s.
These institutions, he stressed, are not treating BTC as a trading instrument …Full story available on Benzinga.com
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