Recent comments from BlackRock CEO Larry Fink have highlighted the need for a single, unified blockchain for tokenized markets and intensified the focus on platforms capable of handling liquidity, compliance and settlement at an institutional scale. With a long track record in shrewd contracts, an extensive developer ecosystem, and a growing role in regulated financial products, Ethereum is now emerging as the most likely candidate to serve as the settlement layer for tokenized capital markets.
Why asset managers prefer familiar infrastructure
WX postEthereum Daily shared a video in which BlackRock CEO Larry Fink made it clear that tokenization is necessary. In a speech at the World Economic Forum, Fink said the financial system must rapidly move toward digitalization, adding that a single, shared blockchain could reduce corruption and improve transparency in global markets.
While Fink did not name a specific network, the most likely candidate may be ETH, based on BlackRock’s own initiatives and public statements that have highlighted ETH’s role in asset tokenization. The company consistently highlights ETH as the core platform of its supply chain strategy. Meanwhile, BlackRock launched its BUIDL tokenized money market fund directly on ETH, a product whose total locked value has already grown to over $2 billion. “There is no second best solution,” Ethereum Daily noted.
In the staking space, Bitmine has turned Ethereum staking into a multi-billion dollar business. The analyst known as Milk Road revealed that the company currently holds 1.83 million ETH worth approximately $6 million at current prices and plans to raise this number to 4.2 million ETH over time. In recent months, Bitmine Immersion Technologies Inc. (BMNR) accounted for almost 50% of all novel ETH entering the staking queue.
Staking at this scale is significant because it removes ETH from liquid supplies and locks it in long-term infrastructure, rather than holding it for short-term trading. When one player is willing to commit billions of dollars worth of ETH staking, it reflects confidence in ETH’s future economic prospects. Lower liquid supply combined with constant network demand will create structural pressure over time.
How support has been built over multiple market cycles
Milk Road analyst as well highlighted that Ethereum is holding near the critical support zone around $3,000, hovering just above the lower boundary of its long-term growth structure, an area that has acted as a stress test for ETH throughout the cycle. Historically, when ETH begins to drift into this area, the market will have to decide whether the weakness is transient or structural.
The $2,750 level remains a key line as it has repeatedly held off downward pressure following macro- or narrative-driven pullbacks, making it a reliable lower level for the broader trend. As long as ETH stays above this level, the broader multi-year uptrend will remain intact.
