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Chainlink: Tokenization of real-world assets may bring hundreds of billions of dollars to the chain

Chainlink: Tokenization of real-world assets may bring hundreds of billions of dollars to the chain

CointimeCointime2023/12/21 15:58
By:Cointime

Chainlink co-founder Sergey Nazarov shared the biggest crypto trend to watch for in 2024 during an interview. He stated that tokenizing real-world assets (RWA) could bring trillions of dollars onto the blockchain and revolutionize the cryptocurrency and finance industries.

Furthermore, the world's largest banks and asset management companies are now actively utilizing blockchain technology in production, and as institutions expand blockchain-based markets, tokenize more real-world assets and financial instruments, and enable liquidity to flow between various DLT and existing systems, this trend of tokenization will only accelerate.

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