Tokenization of Real-World Assets is Gaining Momentum, Says Bank of America
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While U.S. dollar-backed stablecoins continue to dominate the conversation, recent discussions with investors indicate a growing focus on the tokenization of real world assets (RWAs), including stocks, bonds, bank deposits, and real estate, Bank of America (BAC) said in a report Monday. According to BofA, this shift marks the beginning of a multi-year journey toward fully blockchain-based transactions. The transformation will require significant infrastructure development but promises a new era ...
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