WisdomTree Tokenizes $1 Trillion Private Credit Market on Ethereum and Stellar

The asset manager has moved a $1 trillion private credit market onto Ethereum and Stellar blockchain networks, with a tokenization cost of just $25.

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XLM

Summary

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Terms & Concepts
  • Tokenization: The process of converting rights to an asset into a digital token on a blockchain.
  • Ethereum: A decentralized, open-source blockchain with smart contract functionality, widely used for decentralized applications and tokenized assets.
  • Stellar: A blockchain network designed for fast, low-cost cross-border transactions and asset tokenization.