Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
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.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Tax on Bitcoin (BTC) and Cryptocurrencies from Russia!

The Russian Federation Council has approved a new tax bill for cryptocurrency mining and trading.

Bitcoinsistemi2024/11/28 14:00

Tornado Cash Decision from the US Will Benefit These Altcoins the Most!

10X Research founder Markus Thielen assessed the impact of the Tornado Cash decision.

Bitcoinsistemi2024/11/28 14:00

Another Country Makes a Move for Bitcoin! The First Step Has Been Taken for a Strategic BTC Reserve!

Vancouver Mayor Ken Sim has announced plans to add Bitcoin to the city's balance sheet in an effort to diversify the city's investment portfolio.

Bitcoinsistemi2024/11/28 14:00