"At its core, real-world asset tokenization creates an investment vehicle on the blockchain that is linked to tangible assets such as real estate or automobiles, or anything else that could exist in physical form. Once ownership is recorded onchain, the asset can be traded, fractionalized, or held securely."

  • Quote

Name

"At its core, real-world asset tokenization creates an investment vehicle on the blockchain that is linked to tangible assets such as real estate or automobiles, or anything else that could exist in physical form. Once ownership is recorded onchain, the asset can be traded, fractionalized, or held securely."

Types

Quote

Author

Sanjay Raghavan

Source

CoinDesk

Source URL

https://www.coindesk.com/consensus-magazine/2023/12/22/7-real-world-asset-trends-in-2024-that-will-unlock-the-future-of-finance/

Referenced by

The integration of Real World Assets (RWAs) with blockchain technology was a notable trend in 2023.

Crypto

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