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BNB $603.03 -0.44%
XRP $1.00 -0.08%
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TRX $0.3335 +0.86%
DOGE $0.0704 +0.14%
ADA $0.1741 -0.02%
BCH $204.40 -0.07%
LINK $9.50 -0.01%
HYPE $58.71 -0.67%
AAVE $89.60 +1.75%
SUI $0.6575 -2.87%
XLM $0.1547 -2.20%
ZEC $506.44 -1.74%

Chainlink co-founder: Tokenization of real-world assets could bring trillions of dollars on-chain

2023-12-21 23:45:24

ChainCatcher news, Chainlink co-founder Sergey Nazarov shared the biggest crypto trends to watch in 2024 during an interview. He stated that the tokenization of real-world assets (RWA) has the potential to bring trillions of dollars on-chain and transform the cryptocurrency and financial industries.

Moreover, the world's largest banks and asset management companies are now actively leveraging blockchain technology in production. As institutions expand blockchain-based markets, tokenize more real-world assets and financial instruments, and enable liquidity to flow between various DLTs and existing systems, this trend of tokenization will only accelerate.

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