$BTC What is tokenization?
tokenization is basically turning an asset or
a claim on an asset into a digital token that
can be recorded and transferred on a
blockchain.
think about $BTC .
bitcoin already exists natively on its own
blockchain, but tokenized BTC can
represent that bitcoin on another network,
allowing it to interact with smart contracts
and DeFi applications.
the same idea can be applied to traditional
assets.
stocks, bonds, ETFs, real estate and
commodities can all be represented by
tokens that carry specific ownership rights
or claims to the underlying asset.
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