{"id":38615,"date":"2025-11-04T19:16:36","date_gmt":"2025-11-04T19:16:36","guid":{"rendered":"https:\/\/metachannelcorp.com\/blackrock-sets-standard-europe-mica-perspective\/"},"modified":"2026-08-03T11:35:48","modified_gmt":"2026-08-03T11:35:48","slug":"blackrock-sets-standard-europe-mica-perspective","status":"publish","type":"post","link":"https:\/\/metachannelcorp.com\/en\/perspectives\/blackrock-sets-standard-europe-mica-perspective\/","title":{"rendered":"BlackRock forces the standard and how Europe &#8211; from MiCA &#8211; provides the legal answer"},"content":{"rendered":"<p id=\"ember48\" class=\"ember-view reader-text-block__paragraph\"><strong>Regulatory colonization in the era of tokenization<\/strong><\/p>\n<p id=\"ember49\" class=\"ember-view reader-text-block__paragraph\">By <a class=\"qnYTlArzYtboRwdjbntMpxxVLYbykXIogw \" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/in\/antoniotejedaencinas\/\" target=\"_self\" data-test-app-aware-link=\"\"><strong>Antonio Tejeda Encinas<\/strong><\/a> | CEO of <a class=\"qnYTlArzYtboRwdjbntMpxxVLYbykXIogw \" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/company\/metachannelcorporation\/\" target=\"_self\" data-test-app-aware-link=\"\"><strong>META Channel Corporation<\/strong><\/a><\/p>\n<p id=\"ember50\" class=\"ember-view reader-text-block__paragraph\">Technological revolutions do not wait for the legislator. The history of economic law shows that regulations almost never precede innovation: they follow it, consolidate it and, in many cases, legitimize it a posteriori.<\/p>\n<p id=\"ember51\" class=\"ember-view reader-text-block__paragraph\">The tokenization of assets\u2014that process by which any asset capable of generating value can be digitally represented on a DLT network\u2014is the best contemporary example of this dynamic.<\/p>\n<p id=\"ember52\" class=\"ember-view reader-text-block__paragraph\">On October 14, 2025, @Larry Fink, CEO of <a class=\"qnYTlArzYtboRwdjbntMpxxVLYbykXIogw \" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/company\/blackrock\/\" target=\"_self\" data-test-app-aware-link=\"\"><strong>BlackRock<\/strong><\/a>, expressed it in <a class=\"qnYTlArzYtboRwdjbntMpxxVLYbykXIogw \" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/company\/cnbc\/\" target=\"_self\" data-test-app-aware-link=\"\"><strong>CNBC<\/strong><\/a> unequivocally: \u201cWe are only at the beginning of the tokenization of all the world&#8217;s assets, from real estate to stocks and bonds.\u201d He added that more than $4 trillion remains in global digital wallets \u201cready to be funneled into tokenized products,\u201d and that \u201ctokenizing ETFs will bring the crypto world closer to traditional markets.\u201d<\/p>\n<p id=\"ember53\" class=\"ember-view reader-text-block__paragraph\">Fink&#8217;s message is not technical, but structural. BlackRock no longer talks about blockchain as a trend, but as the inevitable infrastructure of financial capitalism.<\/p>\n<blockquote id=\"ember54\" class=\"ember-view reader-text-block__blockquote\"><p>But this transition reveals a deeper strategy. BlackRock does not wait for regulation. It provokes her.<\/p><\/blockquote>\n<p id=\"ember55\" class=\"ember-view reader-text-block__paragraph\">Its tokenized fund (BUIDL), launched in March 2024 and which already exceeds $2.8 billion, is the clearest case of how a private entity uses innovation as a tool for legislation by precedent. The mechanism is devastatingly effective: a product is launched within the existing legal margins, it is given institutional scale and it becomes the de facto regulatory reference. When legislators define what \u201csecure tokenization\u201d is, the model will already exist and will have the signature of BlackRock.<\/p>\n<p id=\"ember56\" class=\"ember-view reader-text-block__paragraph\">In the laboratories of <em>compliance<\/em> this is called <em>inevitability engineering<\/em>: create the perception that a model is not only viable, but inevitable. The sequence is perfect: first, the doctrinal statement (\u201cThe future is tokenization\u201d); second, the functional demonstration (\u201cWe already do it safely\u201d); and third, regulatory colonization (\u201cIt would be a mistake to stop what already works\u201d).<\/p>\n<p id=\"ember57\" class=\"ember-view reader-text-block__paragraph\">In comparative law, this is called <em>path dependency<\/em> (path dependence): once a private model reaches critical mass, the legal system tends to preserve it. BlackRock and its peers play with that time variable. They do not need to be the first to launch, but rather the first to survive the regulatory vacuum.<\/p>\n<p id=\"ember58\" class=\"ember-view reader-text-block__paragraph\">The result is a &#8220;soft capture&#8221; of the regulatory framework. The standard is written from practice; The State no longer imposes the law, it simply ratifies it a posteriori.<\/p>\n<p id=\"ember59\" class=\"ember-view reader-text-block__paragraph\"><a class=\"qnYTlArzYtboRwdjbntMpxxVLYbykXIogw \" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/company\/jpmorgan\/\" target=\"_self\" data-test-app-aware-link=\"\"><strong>J.P. Morgan<\/strong><\/a>, <a class=\"qnYTlArzYtboRwdjbntMpxxVLYbykXIogw \" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/company\/goldman-sachs\/\" target=\"_self\" data-test-app-aware-link=\"\"><strong>Goldman Sachs<\/strong><\/a>, <a class=\"qnYTlArzYtboRwdjbntMpxxVLYbykXIogw \" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/company\/state-street\/\" target=\"_self\" data-test-app-aware-link=\"\"><strong>State Street<\/strong><\/a>, <a class=\"qnYTlArzYtboRwdjbntMpxxVLYbykXIogw \" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/company\/bnyglobal\/\" target=\"_self\" data-test-app-aware-link=\"\"><strong>BNY<\/strong><\/a> Mellon, <a class=\"qnYTlArzYtboRwdjbntMpxxVLYbykXIogw \" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/company\/circle-internet-financial\/\" target=\"_self\" data-test-app-aware-link=\"\"><strong>Circle<\/strong><\/a> and <a class=\"qnYTlArzYtboRwdjbntMpxxVLYbykXIogw \" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/company\/securitize\/\" target=\"_self\" data-test-app-aware-link=\"\"><strong>Securitize<\/strong><\/a> They act as the intermediate layers between capital and the norm. Whoever controls the issuance and custody infrastructure of these new assets will control the backbone of digital capitalism.<\/p>\n<blockquote id=\"ember60\" class=\"ember-view reader-text-block__blockquote\"><p>In Europe, this transition is not observed from a distance, it is articulated by law. MiCA does not compete with what BlackRock or the large funds do; translates its momentum into a common legal language, capable of giving stability to global tokenization.<\/p><\/blockquote>\n<p id=\"ember61\" class=\"ember-view reader-text-block__paragraph\">In that field it acts <strong>META Channel Corporation<\/strong>: as an interpreter between market innovation and the legal structure that makes it viable.<\/p>\n<p id=\"ember62\" class=\"ember-view reader-text-block__paragraph\">We operate within the <strong>perimeter MiCA<\/strong>, managing the tokenization of real assets as a regulated and audited value\u2014not as crypto-speculation\u2014, focused on institutional, environmental and socially useful tokenization: green certificates, intellectual property or traceability of non-financial assets.<\/p>\n<p id=\"ember63\" class=\"ember-view reader-text-block__paragraph\">From our <strong>TokenLab\u2122 Division<\/strong>, we develop projects under <strong>authorized European infrastructures<\/strong> and fully compliant with MiCA, guaranteeing legal certainty, transparency and social utility in each case.<\/p>\n<p id=\"ember64\" class=\"ember-view reader-text-block__paragraph\">Larry Fink&#8217;s new speech only confirms the obvious: tokenization is not a futuristic idea, but an inevitable historical phase. While the large global funds are testing their MiFID-DLT model, Europe has built a space of balance with MiCA.<\/p>\n<p id=\"ember65\" class=\"ember-view reader-text-block__paragraph\">In that space, META Channel acts not as a financial intermediary, but as an architect of digital governance and legal trust. Regulatory colonization is no longer a theory: it is the modern form of power. And tokenization, its battlefield.<\/p>\n<hr class=\"reader-divider-block__horizontal-rule\">\n<p id=\"ember66\" class=\"ember-view reader-text-block__paragraph\"><em>Disclaimer: This article reflects the opinion of its author and the institutional vision of META Channel Corporation on digital regulation. It does not constitute financial or legal advice, but rather doctrinal analysis on the evolution of the MiCA-DORA-DLT Pilot framework in Europe. References to BlackRock are based exclusively on public information and official statements by its CEO, Larry Fink, on CNBC, October 2025.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Regulatory colonization in the era of tokenization By Antonio Tejeda Encinas | CEO of META Channel Corporation Technological revolutions do&#8230;<\/p>\n","protected":false},"author":1,"featured_media":37644,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":0,"footnotes":""},"categories":[1837,1842,1845],"tags":[1860,1909,2003,1853,2071,2191,2036,1858,2285,2127],"class_list":["post-38615","post","type-post","status-publish","format-standard","has-post-thumbnail","category-blockchain-and-web3-finance","category-innovation-and-tech-ecosystems","category-regulation-and-compliance","tag-asset-tokenization","tag-blackrock","tag-digital-compliance","tag-digital-governance","tag-dlt","tag-inevitability-engineering","tag-institutional-custody","tag-mica","tag-path-dependency","tag-tokenized-etfs"],"menu_order":0,"_links":{"self":[{"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/posts\/38615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/comments?post=38615"}],"version-history":[{"count":1,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/posts\/38615\/revisions"}],"predecessor-version":[{"id":38939,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/posts\/38615\/revisions\/38939"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/media\/37644"}],"wp:attachment":[{"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/media?parent=38615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/categories?post=38615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metachannelcorp.com\/en\/wp-json\/wp\/v2\/tags?post=38615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}