Recent remarks from BlackRock CEO Larry Fink highlighted the need for a single, unified blockchain for tokenized markets and intensified the focus on platforms capable of managing liquidity, compliance and settlement at an institutional scale. With its long history in smart contracts, its large developer ecosystem, and its growing role in regulated financial products, Ethereum now appears to be the most likely candidate to serve as a settlement layer for tokenized capital markets.
Why asset managers prefer familiar infrastructure
In an article, Ethereum Daily shared a video in which BlackRock CEO Larry Fink made it clear that tokenization was necessary. Speaking at the World Economic Forum, Fink said the financial system must move quickly toward digitalization, adding that a single, common blockchain could reduce corruption and improve transparency in global markets.
Although Fink did not name a specific network, the most plausible candidate could be ETH, based on BlackRock’s own initiatives and public statements highlighting ETH’s role in asset tokenization. The company has always highlighted ETH as an essential platform for its on-chain strategy. Meanwhile, BlackRock launched its tokenized money market fund BUIDL directly on ETH, a product whose total value locked has already reached over $2 billion. “There is no second choice,” noted Ethereum Daily.
In the staking space, Bitmine has turned Ethereum staking into a multi-billion dollar business. An analyst known as Milk Road revealed that the company now has 1.83 million ETH, worth around $6 million at current prices, and plans to increase this to 4.2 million ETH over time. Over the past few months, Bitmine Immersion Technologies Inc. (BMNR) has accounted for almost 50% of all new ETH entering the staking queue.
Staking at this scale is important because it takes ETH out of the liquid supply and locks it into long-term infrastructure rather than holding it for short-term trading. When a stakeholder is willing to commit billions of dollars of ETH to staking, it reflects their confidence in the future economic prospects of ETH. Lower liquid supply, combined with sustained demand on the network, will create structural pressure over time.
How support was built through multiple market cycles
Analyst Milk Road also pointed out that Ethereum is holding near a critical support zone around $3,000, hovering just above the lower boundary of its long-term ascending structure, an area that has served as a resistance test for ETH throughout the cycle. Historically, when ETH drifts into this zone, the market will have to decide whether the weakness is temporary or structural.
The $2,750 level remains the key line as it has repeatedly halted downward pressure after macroeconomic or narrative-driven pullbacks, making it a reliable floor for the broader trend. As long as ETH holds above this level, the broader multi-year uptrend will remain intact.
