BlackRock CEO: Despite the many issues with FTX, cryptocurrency technology will be very important

ChainCatcher news, BlackRock CEO Larry Fink stated that the currently bankrupt cryptocurrency exchange FTX seems to have engaged in misconduct, but the technology behind cryptocurrencies is also closely related to future development. Larry believes that after the collapse of FTX, most crypto companies will also follow suit and go bankrupt. Despite the numerous issues with FTX, cryptocurrency technology will be very important, "I believe the next generation of markets or the next generation of securities will achieve tokenization."

ChainCatcher previously reported that BlackRock invested $24 million in FTX. (source link)