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BlackRock Touts 6%–7% Fee Growth, Tokenized iShares and Digital Wallet Push at BofA Conference
BlackRock’s CFO Martin Small highlighted the firm’s growth drivers at the BofA Financial Services Conference, noting consistent organic base-fee growth of 6-7%. Key priorities include integrating recent acquisitions, a $400 billion fundraising target, and expanding iShares and Aladdin. The company is also making a significant push into digital-wallet distribution with plans for tokenized iShares, engaging the SEC for potential launch within months to a year.