Tokenized assets need a common standard so they can move between systems without losing ownership data and compliance. Yesterday, Sui announced its collaboration with OpenAssets to expand the open OTAS standard to the Sui ecosystem, as part of the Linux Foundation Decentralized Trust initiative. The idea is to unify how an asset is defined and how its history and compliance are verified across systems. The standard is still under development, so the news is about technical cooperation rather than a new trading launch. In your opinion, do open standards bring institutions closer to using tokenized assets?

$SUI #Tokenization #Sui