This tokenization platform aims to bridge the gap between traditional assets and crypto
As tokenization is gaining traction, it presents a compelling opportunity to transform global financial markets, making trading cheaper, more liquid and highly automated. Tokenization is one of the biggest trends in blockchain, following decentralized finance (DeFi) or nonfungible token s (NFTs). The transition of real-world assets to the blockchain, including equity and debt, can change financial markets by bringing more liquidity and making the trading process cheaper and more automated. A recent report released by the Global Financial Markets Association (GFMA) and Boston Consulting Group estimates that the global value of tokenized illiquid assets will grow from about $0.3 trillion today to about $16 trillion by 2030. Tokenization is not just a fad for crypto enthusiasts. It’s attracting major players in traditional finance. In May 2023, BlackRock chairman Larry Fink said that tokenization could make capital markets more efficient. The head of the world’s largest asset manager, w...