Chainlink Partners With OpenAssetsInc on Institutional Tokenized Asset Issuance
The announcement says Chainlink will support the issuance and distribution of institutional tokenized assets, highlighting tokenization as a major blockchain growth area.
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Summary
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Terms & Concepts
Tokenization: The process of representing real-world or financial assets as blockchain-based digital tokens.
Institutional tokenized assets: Blockchain-based versions of assets designed for use by large financial firms and professional investors.
Issuance: The creation and release of new digital assets or tokens onto a blockchain network.