Published by
Benzinga
Benzinga
Characterizing cryptocurrencies as a “global asset” that possesses a “distinctive value compared to other asset classes,” BlackRock Inc (NYSE: BLK) CEO Larry Fink expressed on Friday his belief that cryptocurrency will surpass international currencies due to its global demand. Earlier this month, Fink referred to cryptocurrency as “digital gold” in a conversation with Fox Business, emphasizing Bitcoin’s global allure. These comments came as BlackRock is in the process of filing for the establishment of the U.S’s first spot Bitcoin(CRYPTO: BTC) ETF. The crypto industry was taken aback earlier t…