BlackRock CFO Martin Small said during Wednesday’s earnings call that the company’s long-term goal is to enable investors to configure crypto assets, stablecoins, and long-term investment products such as stocks and bonds without ever leaving their digital wallets. Small said BlackRock hopes to further roll out tokenized U.S. Treasury bond funds, iShares ETFs, and even private-market products in the future, viewing tokenization as an important opportunity to reach new investor groups and to build entirely new product distribution channels. In addition, BlackRock currently manages about $60 billion in Circle reserve assets, representing roughly one quarter of the current approximately $300 billion stablecoin market size, and it wants to become the industry’s preferred stablecoin reserve management institution. (The Block)