😎 BlackRock Says Crypto Will 'Grow Rapidly'

But then why is Metaplanet's stock price falling like a rock?

Author

Ivan
October 14, 2025

Happy Tuesday!

BlackRock CEO Larry Fink announced at the company’s earnings report that crypto will ‘grow rapidly’ — what does he mean by that?

Metaplanet has collapsed 70% in value over the past six months and the company is now worth less than its BTC holdings — what is going on?

Plus, check out Benzinga Pro for one dashboard every morning that shows you what moved and why, plus upcoming catalysts across earnings, macro events and more; trade alongside a live community that never waits for the news to break.

TOP STORY

BlackRock Inc. reported strong third-quarter results today, with CEO Larry Fink stating that the cryptocurrency market will grow “rapidly” as the firm builds proprietary tokenization technology to move traditional assets on-chain.

BlackRock reported diluted EPS of $8.43, or $11.55 on an adjusted basis, with assets under management climbing to $13.5 trillion, up 17% year-over-year.

In his remarks, CEO Larry Fink emphasized the company’s growing focus on blockchain and tokenization. 

"I do believe we have some exciting announcements in the coming years on how we could play a larger role in this whole idea of the tokenization and digitization of our assets," Fink said.

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QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin, XRP are sliding again on Tuesday after the worst seemed behind us: here’s what’s driving the market today.

Citi plans to launch crypto custody in 2026 — here’s what drove the change of mind.

Bitcoin, Ethereum ETFs were bleeding hard on Monday and shed over $750 million in value — what’s going on?

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FINTECH FOCUS

Metaplanet Inc. shares fell to $3.45 on Tuesday, extending a months-long slide that has erased 70% of the company’s value and pushed its market capitalization below the worth of its Bitcoin reserves.

The Tokyo-based company, once hailed as Japan’s equivalent to Strategy Inc., is now confronting a sharp reversal in its fortunes.

What awaits Metaplanet?

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