BlackRock CEO Larry Fink Discusses a New Asset Class

BlackRock CEO Larry Fink told the Milken Institute that surging compute demand could spawn an entirely new asset class. Traders may one day buy and sell futures contracts on raw computing power, he said. Speaking at the conference in Beverly Hills, Fink described compute as scarce enough to need its own derivatives market. He placed The post BlackRock CEO Larry Fink Discusses a New Asset Class appeared first on BeInCrypto.