Larry Fink also wrote in his letter to investors about the tokenization of assets:
"One day, I expect tokenized funds will become as familiar to investors as ETFs—provided we crack one critical problem: identity verification"
"... tokenized assets won’t run through those traditional channels, meaning we need a new digital identity verification system."
... or we can create our own immutable identities/reputations over time (like we're doing on HIVE, for example) rather than relying on some corruptible government to do it for us.
https://www.blackrock.com/corporate/literature/presentation/larry-fink-annual-chairmans-letter.pdf