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Economy

Pluvious

(4,747 posts) Thu Apr 25, 2024, 10:38 AM Apr 2024

Is tokenization of physical assets the next big thing ?

Some of the biggest financial institutions in the world (like Blackrock) as well as many startups have been developing nascent projects, which leverage blockchain technologies (DLT) to provide a means of fractionalizing RWAs (real world assets) into a transferable and tradable digital form.

This "Lofty" concept looks like one of the first to be live...
( tokenized rentals, you earn your cut of the property's income )

Click the little play button next to "how it works" :
https://www.lofty.ai

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Is tokenization of physical assets the next big thing ? (Original Post) Pluvious Apr 2024 OP

It might be Old Crank Apr 2024 #1

Old Crank

(4,532 posts)

1. It might be

Reply to Pluvious (Original post)

Thu Apr 25, 2024, 11:19 AM

Apr 2024

As with any investment you need to do your research into the company. It might be a way for small investors to set money aside with relatively low risk.

Of course the devil is in the details.

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