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Robert Goldstein on tokenization

From BlackRock’s Two‑Way Bridge Between TradFi and On‑Chain (Rob Goldstein w/ Binance CFO Kaiser Ng) · · Binance

“I believe this provides an opportunity, tokenization provides an opportunity for multiple growth. 3x, 5x growth rates like that for many, many, many years. But that will still be a small minority of the traditional financial capital markets infrastructure.”

Robert Goldstein
Senior MD & COO, BlackRock Inc
Policy Impact tokenizationgrowthfinancial markets

On , Robert Goldstein, Senior MD & COO at BlackRock Inc, spoke about tokenization during BlackRock’s Two‑Way Bridge Between TradFi and On‑Chain (Rob Goldstein w/ Binance CFO Kaiser Ng) on Binance.

BlackRock’s Two‑Way Bridge Between TradFi and On‑Chain (Rob Goldstein w/ Binance CFO Kaiser Ng)
Watch on YouTube at 11:43
BlackRock’s Two‑Way Bridge Between TradFi and On‑Chain (Rob Goldstein w/ Binance CFO Kaiser Ng)
Binance
Watch on YouTube at 11:43
*“What happens when capital markets move onto digital rails—and your portfolio lives in a wallet?”* In this Binance Online 2026 panel, BlackRock COO Rob Goldstein joins Binance CFO Kaiser Ng to unpack how tokenization and digital assets are changing the plumbing of finance. From IBIT (digital assets in a traditional wrapper) to BUIDL (capital‑markets exposures as tokens on BNB Smart Chain), Rob explains BlackRock’s “two‑way bridge” between TradFi and the on‑chain world, why demand for spot Bitcoin ETFs surprised even Wall Street, and where tokenization is headed next. He also lays out the biggest hurdle to institutional scale (education), what gets crypto into model portfolios, and why AI agents will supercharge digital rails as they begin transacting autonomously. *In this episode, Rob Goldstein discusses:* ✅ The bridge in both directions: IBIT bringing digital assets into capital markets; BUIDL taking capital‑markets exposures on‑chain as tokens ✅ What surprised BlackRock: pent‑up ETF demand—and why capital‑markets wrappers add utility (borrowing/lending, simplicity, estate planning) ✅ Tokenization’s runway: a nascent base with multi‑X growth ahead; attacking fund/transfer‑agency inefficiencies to deliver “better, faster, cheaper” ✅ Why “wallets win”: high conviction that wealth stored in digital wallets climbs for years—and why exposures must meet users where they manage assets ✅ Binance’s role: implementing and explaining technology to realize the “better, faster, cheaper” value proposition ✅ The next wave of institutional adoption: education first; a flight to quality; liquidity and track record getting Bitcoin into model portfolios over time ✅ How teams adopt: internal champions, validation, and fitting crypto into whole‑portfolio, outcome‑driven mandates ✅ AI as a force multiplier: enterprise agents transacting on digital rails, accelerating both AI and digital‑asset adoption *⏱️ Timestamps:* ⏳ 00:00 – Introduction with Rob Goldstein, BlackRock COO ⏳ 00:48 – BlackRock’s digital‑asset push: what’s significant and what’s their strategy for digital assets? ⏳ 03:47 – How BlackRock is bridging TradFi and DeFi ⏳ 06:27 – Why the demand for digital assets in capital markets is surprising: ETFs, alternative assets ⏳ 08:32 – Rob’s RWA/Tokenization outlook: a nascent ~$30B base, multi‑X growth, and “better/faster/cheaper” fund infrastructure ⏳ 12:20 – “We’re early”: conviction that wealth in digital wallets keeps rising—and why exposures must meet users there ⏳ 13:11 – Binance’s role: implementing technology and educating users to unlock value ⏳ 14:09 – How institutional scale crypto adoption would happen: education, flight to quality, liquidity, and model‑portfolio adoption cycles ⏳ 18:29 – BlackRock’s clients on crypto: How knowledgeable are they + their strategies? ⏳ 21:06 – Rob on what’s interesting: AI agents on digital rails as mutual accelerants for AI and digital assets ⏳ 24:21 – Outro #binanceonline #BlackRock #Tokenization #RWAs #DigitalWallets #binance *⚠️ RISK WARNING:* Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on your individual circumstances. Not financial advice. For more information, see our Terms of Use and Risk Warning. *📢 Join the conversation:* ➡️ Twitter/X: https://twitter.com/binance ➡️ Instagram: https://www.instagram.com/binance ➡️ Facebook: https://www.facebook.com/binance ➡️ TikTok: https://www.tiktok.com/@binance ➡️ LinkedIn: https://www.linkedin.com/company/binance ➡️ Reddit: https://www.reddit.com/r/binance *🔗 Download Binance here (iOS, Android):* https://binance.onelink.me/y874/cb98de36 *🔗 Sign up for Binance here:* https://www.binance.com/en?ref=ERQKP7ND&utm_source=BinanceYoutube&utm_medium=GlobalSocial&utm_campaign=GlobalSocial
Robert Goldstein

About Robert Goldstein

Senior MD & COO · BlackRock Inc

In recent appearances, BlackRock COO Robert Goldstein has discussed the firm's approach to digital assets and tokenization, describing it as a "two‑way bridge" between traditional finance and on‑chain markets. Speaking at a Binance event in May 2026, he said tokenization "provides an opportunity for multiple growth. 3x, 5x growth rates like that for many, many, many years," while noting that the total value of tokenized assets remains small relative to traditional capital markets. He identified education as the first element of institutional crypto adoption, stating that "the majority of institutions still do not understand what crypto is, what opportunity it provides, and the role it could play within portfolios." Goldstein also predicted that artificial intelligence and digital assets will "amplify each other in ways that we have yet to fully understand." Goldstein has also addressed data transparency in private markets and the evolution of financial technology. In a 2014 interview, he argued that reducing friction in private markets data is "not an if, it's a when," because investors need to understand whole‑portfolio risk. On the Odd Lots podcast in April 2026, he said that while "convenience layer" software that collates public information may face disruption from AI, platforms like BlackRock's Aladdin that handle proprietary data and regulated workflows will become more valuable. He added that the amount of code in the world will increase dramatically due to new tools, and that the competitive edge in asset management will come from "helping clients with their whole portfolio as opposed to just pieces."

Profile compiled from Robert Goldstein's verified public interviews and appearances. See all quotes & transcripts →

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