๐ Mirae Asset Securities, South Korea's largest financial group, is partnering with Ethereum scaling platform Polygon Labs to advance tokenization in finance and boost Web3 adoption! Polygon Labs will serve as a technical consultant in Mirae's Security Token Working Group, aiming to create infrastructure for tokenized securities.
- Tokenization involves turning real-world assets like real estate, bonds, and fine art into digital tokens on a blockchain.
- Asset tokenization is expected to grow 50x to $16.1 trillion by 2030, accounting for 10% of global GDP.
- Several finance giants, including Franklin Templeton and Hamilton Lane, have already initiated tokenization projects on Polygon.
What do you think about the potential of tokenization in finance? Share your thoughts in the comments! ๐ญ