Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Bloomberg: "Asset tokenization" is becoming Wall Street's new favorite, with this round of enthusiasm focused on the digitization of financial assets

Bloomberg: "Asset tokenization" is becoming Wall Street's new favorite, with this round of enthusiasm focused on the digitization of financial assets

Bitget2024/12/27 14:30
BTC-0.50%

According to Bloomberg, with the price of Bitcoin hitting a historical high, asset tokenization has once again become a hot topic in traditional finance and cryptocurrency fields. This technology, which digitizes physical assets and records them on the blockchain, is being favored by Wall Street institutions including BlackRock. Industry insiders believe its potential may surpass that of the internet.

This round of asset tokenization fever is driven by factors such as the Bitcoin bull market and Trump's election victory. Unlike attempts at using blockchain technology for scenarios like Walmart's supply chain tracking a few years ago, this wave focuses more on the digitization of financial assets such as real estate and bonds.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
The probability of a 50 basis point rate cut by the Federal Reserve in September is 6.6%.
2
Kame Aggregator was hacked this morning, and the hacker has returned 185 ETH.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,313.57
-0.28%
Ethereum
Ethereum
ETH
$4,616.05
+0.80%
XRP
XRP
XRP
$3.1
+1.66%
Tether USDt
Tether USDt
USDT
$1
+0.03%
BNB
BNB
BNB
$924.7
+1.71%
Solana
Solana
SOL
$236.51
-1.20%
USDC
USDC
USDC
$0.9998
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2873
+6.17%
TRON
TRON
TRX
$0.3481
-0.52%
Cardano
Cardano
ADA
$0.9178
+1.89%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter