U.S. Opens Trillions in Assets to Crypto via Tokenization Framework
Recent developments enable traditional assets like stocks to exist as blockchain-based tokens, marking a major step toward real-world asset digitization in the United States.
Summary
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Terms & Concepts
Tokenization: The process of converting real-world assets, such as stocks or bonds, into blockchain-based digital tokens representing ownership and rights.
Blockchain: A decentralized digital ledger recording transactions across multiple computers, ensuring transparency and security.
Digital Token: A cryptographic asset representing value, rights, or ownership on a blockchain network.