BlackRock chief executive Larry Fink as revealed he's had discussions with sovereign wealth funds about buying bitcoin..

BlackRock CEO Larry Fink speaks on a panel at the World Economic Forum in Davos, Switzerland. Norah O'Donnell Exits Ahead of Hard Pivot for ‘CBS Evening News'

Fink laid out a scenario where Bitcoin jumps sixfold to hit $700,000 in a discussion about crypto in Davos Wednesday.

BlackRock, the world’s largest asset management firm, reportedly purchased $600 million worth of Bitcoin on January 22. This marks its largest acquisition of the crypto this year. The recent BTC acquisition was spotted by blockchain analytics platform Arkham Intelligence.

BlackRock and Saba Capital Management announced a standstill in a long-raging battle over the future of closed-end funds with the asset manager buying back shares in two portfolios and the hedge fund dropping demands for deep management changes.

BlackRock CEP Larry Fink advocates for tokenization of bonds and stocks, citing efficiency, transparency, accountability and cost savings.

BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, raising the prospect that bond yields will rise along with steeper prices.

CEO Larry Fink is cautiously optimistic on the markets. He's optimistic on growth prospects, but warned Thursday that new inflationary pressures could negatively impact stocks.

BlackRock's Bitcoin ETF hit $1 billion in inflows within hours, leading Bitcoin ETFs to dominate crypto markets over altcoin products.

Fink was sharing the stage with Peng Xiao, the CEO of AI company G42, who interjected with “to some extent” on Fink’s contention that fear drives bitcoin. But Fink just doubled down on the idea that it was “okay” for bitcoin’s fortunes to rely on fear.

Larry Fink, CEO of BlackRock, called for the US Securities and Exchange Commission to expedite approval for tokenizing bonds and stocks,

Europe’s financial industry is in danger of falling behind if the bloc and national governments don’t come up with way to make their regulatory environment more competitive, BlackRock Inc. Vice Chairman Philipp Hildebrand said.