Fink’s Crypto Evolution

[cryptobro]

Fink’s stance on crypto has dramatically shifted over the years. Once a staunch skeptic who called crypto an “index of money laundering” in 2017, he has since embraced its potential.

In a separate interview with CBS’s 60 Minutes earlier this week, he compared crypto to gold as an alternative asset for diversification:

“There is a role for crypto in the same way there is a role for gold; it’s an alternative. For those looking to diversify, this is not a bad asset — but I don’t believe it should be a large part of your portfolio.”

On CNBC, Fink acknowledged his change of heart:

“I was a critic in the past, but over time, I grow and learn.”

[kelson10]

Larry Fink’s shift toward crypto marks a turning point for institutional acceptance of digital assets.

[Nahid10]

His evolving stance mirrors the broader financial world’s embrace of blockchain innovation.