Reported 4 days ago
The potential revival of tokenization is being fueled by President-elect Donald Trump's commitment to pro-crypto regulations and BlackRock's upcoming tokenized money-market fund launch. Tokenization, which involves digitizing real-world assets on the blockchain, is gaining traction after being sidelined during the Biden administration. Analysts suggest that the impending regulatory changes in the U.S. could lead to a transformative era for financial infrastructure, improving efficiency and liquidity. While challenges such as legal complexities and centralization risks exist, the movement toward tokenization is seen as a significant evolution in the financial landscape.
Source: YAHOO