Bloomberg: “Tokenization” is becoming the new favorite on Wall Street, and this wave of craze focuses on the digitization of financial assets
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2024-12-27 22:32 5,373
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According to news on December 27, according to Bloomberg, as the price of Bitcoin hits a record high, asset tokenization (Tokenization) has once again become a hot topic in the fields of traditional finance and cryptocurrency. The technology, which digitizes physical assets and records them on the blockchain, is gaining traction with Wall Street institutions including BlackRock. Industry insiders believe its potential may exceed that of the Internet.
This round of asset tokenization boom is driven by factors such as the Bitcoin bull market and Trump’s election victory. Different from the attempts of blockchain technology in Walmart supply chain tracking and other scenarios a few years ago, this round of boom is more focused on real estate, bonds, etc. Digitization of financial assets.