According to PANews, Marathon Digital Holdings' multi-chain Layer 2 network Anduro has developed a platform for issuing and investing in real-world assets (RWA) on Bitcoin. The Avant platform, co-developed with tokenization company Vertalo, is planning a pilot project to tokenize whiskey barrels.
Despite blockchain technology's widespread application in various fields, tokenization on Bitcoin has been nearly non-existent. However, this trend is changing with the introduction of smart contracts and the facilitation of token minting. According to Anduro product lead Jullian Duran, Avant aims to pave the way for RWA tokenization while incorporating Bitcoin's unique features.