Larry Fink Got 'Orange-Pilled', Says Galaxy Digital's Mike Novogratz: Bloomberg

"Orange pilling" is a term given to the process of a bitcoin non-believer becoming a believer

BlackRock CEO Larry Fink has been"orange-pilled," or converted from being a bitcoin nonbeliever into a believer, Mike NovogratzNovogratz, CEO of crypto-focused financial services firm Galaxy Digital , said Fink is"the most important thing that happened this year in bitcoin," because of BlackRock's application to list a spot bitcoin exchange-traded fund in the U.S. in June.

The possibility of BlackRock, one of the world's largest asset management firms, leading the way amongis part of an"adoption cycle," in the cryptocurrency industry, Novogratz said.

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