Crypto Is Edging Further Into Mainstream Finance, BlackRock and Coinbase Chiefs Say

In brief

  • Fink and Armstrong said institutions and lawmakers are driving wider use of digital assets.
  • Armstrong pointed to stablecoin and market-structure bills moving through Congress.
  • The CEOs also discussed tokenization, Coinbase’s move to Texas, and prediction markets.

BlackRock CEO Larry Fink and Coinbase CEO Brian Armstrong said Wednesday that growing interest from institutions and lawmakers was pulling digital assets further into the mainstream of finance.

Speaking at the New York Times DealBook Summit with host and journalist Andrew Ross Sorkin, Armstrong said recent moves on stablecoin and market-structure legislation signalled a shift in the policy landscape.

“2025 is actually the year that crypto regulation went from kind of…

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