BlackRock, through its subsidiary Global Infrastructure Partners (GIP), has completed an $11 billion lease and leaseback investment agreement for Aramco's Jafurah gas processing facilities. The deal, initially announced in August 2025, gives a GIP-led consortium a 49% stake in the Jafurah Midstream Gas Company, which will own and lease back the assets to Aramco for 20 years. This transaction unlocks significant value from Aramco's asset base and highlights the appeal of its long-term strategy to international investors. In separate news from the Future Investment Initiative in Riyadh, BlackRock CEO Larry Fink commented on rising investor interest in alternative assets like gold and cryptocurrencies, which he termed "assets of fear." Fink noted that investors are turning to these assets due to concerns about the growing global government debt and potential currency debasement. He also discussed the significant investment flowing into AI, which he believes is overshadowing important developments in the tokenization of financial assets.