Larry Fink, CEO of BlackRock, turned one of the world’s leading financial institutions into a crypto powerhouse. What Michael Saylor and (Micro)Strategy did for Bitcoin treasuries, Fink did for ETFs:
And now that Fink has been appointed as interim co-chair of the World Economic Forum (WEF) – serving alongside Roche’s André Hoffmann – what’s next? Will the WEF take a more explicitly pro-crypto stance? And if so, which are the cryptos best-positioned for explosive growth?
Fink’s appointment arrives just as WEF closed an internal investigation that found no material wrongdoing by founder Klaus Schwab. The WEF framed the move as part of a reset to ‘strengthen the organization.’
For their part, Fink and Hoffmann emphasized revitalizing public-private cooperation in a ‘fragmented’ world.
The Forum has an opportunity to help drive international collaboration in a way that not only generates prosperity but distributes it more broadly. This renewed vision can promote open markets and national priorities side by side, while advancing the interests of workers and stakeholders globally.
For crypto, the headline isn’t just who chairs WEF – it’s that the leading gatekeeper of institutional crypto exposure now has a formal hand on one of the world’s most influential finance convening platforms.
Because BlackRock dominates spot crypto ETFs with iShares Bitcoin Trust ($IBIT) and the iShares Ethereum Trust ($ETHA), it controls real, regulated pipes through which pensions, RIAs, corporates and sovereigns can touch $BTC and $ETH at size.
Earlier this summer, IBIT’s held coins crossed 700K BTC, further illustrating its market heft.
$BUIDL forms a practical bridge between on-chain finance and institutional balance sheets. Crucially, WEF already runs programs that touch digital assets, like the Digital Currency Governance Consortium (DCGC), and the Crypto Sustainability Coalition. The programs launched between 2021-2022, but have fallen quiet in recent days.
What’s the likely outcome? Probably not a single policy edict – Fink spoke in only general terms in his statement – but a faster convergence around best practices for custody, market data, disclosures, and interoperability.
Those are all areas where BlackRock possesses both operating experience and great success, and which can translate into global templates.
And with Fink at the helm of the WEF, look for these three projects to quickly become some of the best crypto to buy.
The result is a lightning-fast Layer 2 that leverages the SVM’s transaction speeds and smart contract execution – but keeps final transaction settlement on Bitcoin.
When it comes to Bitcoin itself, $BTC tokens are deposited into the Bitcoin Canonical Bridge and emerge on the Hyper Layer 2 as wrapped $BTC. There, your $BTC can be staked, deployed in liquidity pools, used in DeFi operations, and more as the case may be.
Web3 wallets are rapidly becoming far more than simply places to store your crypto; they’re the gateways to a whole new world of DeFi and crypto tools.
Find whitepapers and tokenomics, browse new meme coins, and purchase tokens – all from within Best Wallet.
But Chainlink has grown beyond a simple oracle network. It’s a web that binds blockchains and TradFi together. It also secures data, offers cross-chain interoperability and decentralized computations to enable finance to operate on-chain, and blockchains to access financial networks.
Chainlink notable partners include:
On the token side, $LINK is the network’s utility token. Revenue from on-chain and off-chain operations has provided a hefty reserve:
Implementing fundamental changes to the world economic order requires far more than simply an interim head of the WEF. Real change will still flow through the SEC, ESMA, FCA, MAS, and countless other agencies.
But Fink’s appointment, combined with IBIT/ETHA’s scale, record ETF flows, and BlackRock’s tokenization push, could make him nudge the global conversation toward treating crypto as core market infrastructure, instead of a side bet.
Do your own research, of course; this isn’t financial advice.