Bank of America: The Trend of Real-World Asset Tokenization Is Accelerating

According to a report by Jinse Finance, Bank of America's latest research indicates that the tokenization of real-world assets is gaining significant momentum. The report reveals that investors are showing increasing interest in the tokenization of real assets, including stocks, bonds, bank deposits, and real estate. The Dubai Land Department has launched a tokenized real estate platform, aiming to digitize $16 billion worth of real estate assets by 2033 and introduce a fractional ownership mechanism. Bank of America analysts believe that this transformation will require substantial infrastructure development, but it will enable round-the-clock cross-border transactions, instant settlement, and enhanced liquidity. The report also notes that while the advancement of blockchain technology may impact traditional banking revenue streams, the adaptability of traditional financial institutions in the blockchain sector may be underestimated.