The properties that you can build into a system that is tokenized versus our legacy system are immense, right?

When you think about liquidity, real-time instantaneous riskless settlement, 24-7 trading, the fact that these assets become digitally native,

transparent, interoperable, that we can remove a lot of the layers of intermediaries that

have had to exist in the current system, right?

All these things create massive opportunities for

efficiency, for financial inclusion, for access to a wider array of investments in a more efficient way so that's what gets us excited. Welcome to Bankless, where we explore the frontier of Internet money and Internet

Finance. This is Ryan Sean Adams. I'm here with David Hoffman and we're here to

help Black Rock become more bankless. That's right folks, Black Rock on the

podcast today. The question is, are they going bankless? What are they up to in

crypto? Black Rock is, as you know, the world's largest asset manager and

they've entered crypto in a pretty big way this year with both the

Bitcoin E.T.F. which is a massive success and also the Ethereum E.T.F.

Now this is a company that manages over 10 trillion in assets is absolutely massive.

So what they do has ripple effects in the broader global economy.

So the question David and I posed to Robbie Mitchnick, who is the head of digital assets at Black Rock, is,

what are you here to do?

What are your intentions for the space?

I think listeners will be maybe surprised that it was not the Bitcoin EDF that was Black Rock's first

foray into crypto. Actually Black Rock has been interested in blockchain technology

for almost a decade now, seven years, eight years, and they have just more recently

accelerated what they are doing in crypto with the Black Rock Digital Assets team.

I think that was kind of the thing that I was most

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