Larry Fink just wrote his annual letter. $14 trillion in AUM. The most powerful asset manager on the planet. And he compared tokenization to the internet in 1996. Not blockchain. Not crypto. Tokenization. Think about what that means. In 1996, most people thought the internet was a fax machine that worked through a phone line. A toy for nerds. Nobody "needed" it. Then it ate the entire world. Fink is saying: tokenized stocks, bonds, ETFs accessible from the same digital wallet you use to send a payment. Democratized investing. Frictionless. Global. BlackRock already has $150B in digital assets under management. BUIDL is the world's largest tokenized fund. This isn't a vision statement. It's a progress report. The institutions didn't wait for permission. They built the infrastructure. Then they wrote the letter. And while retail is busy panic-selling at Fear & Greed 42 the $14 trillion guys are quietly laying the rails for the next financial system. 1996 called. It said you're early. 🔵