Alex, a long-time resident, witnesses the transformation of his neighborhood into a high-end real estate hub, benefiting the wealthy while leaving others behind due to soaring property costs. Global financial inequality is on the rise, with the rich accumulating wealth at the expense of the poor. Tokenization, as explained by John Patrick Mullin, has the potential to democratize investment in real-world assets, allowing individuals like Alex to own fractional interests in high-value properties. This shift from exclusive ownership to fractionalized investing promotes fair wealth distribution. However, challenges such as tokenization favoring the affluent remain. Mullin emphasizes the need for inclusive practices and robust regulatory frameworks to address this issue. Despite challenges, the market response to tokenized real-world assets has been positive, attracting interest from major institutional players. Tokenization of RWAs offers a bridge between traditional and decentralized finance, paving the way for a more inclusive economic future. Read more AI-generated news on: https://app.chaingpt.org/news