BlackRock CEO Larry Fink believes tokenization is inevitable and that one common blockchain is the future. Context matters. BlackRock is the world’s largest asset manager and has been tasked with advising on Ukraine’s post-war state assets, underscoring the depth of its institutional and political reach. After this interview went viral, much of the crypto communit, particularly on X and YouTube, pointed to #Ethereum as the natural default implied by Larry Fink’s remarks: a system where all investments are tokenized and capital can move seamlessly across asset classes. Importantly, BlackRock’s flagship tokenized fund, BUIDL (BlackRock USD Institutional Digital Liquidity Fund), is built on Ethereum, via partners such as Securitize. In practice, this shows how BlackRock is already implementing the “one common blockchain” vision articulated by Larry Fink, positioning Ethereum as the leading institution-grade infrastructure for real-world asset (RWA) tokenization today. Here’s what Larry Fink said, “I think the movement towards tokenization and digitization is necessary. We need to move very rapidly to doing that. We would be reducing fees and increasing democratization if all investments were on a tokenized platform. Capital could move seamlessly from money market funds to equities and bonds, back and forth. If we had one common blockchain, we could reduce corruption.”