The future of all liquid and illiquid assets is in tokenization. Tokenization creates a singular source of truth that can be accessed and assessed with or without physical papers, documents, or processes. It increases the cost-effectiveness, liquidity of assets, and overall transparency while decreasing the settlement time, lock-in period or capital, and associated risks.
Do you know? As of March 2022, there were over 18,000 cryptocurrencies that had a market cap of more than $2 trillion. To put things into perspective, if the cryptocurrency market was a country, it would rank as the eighth-largest nation ahead of Italy and Canada and just behind France.
Cryptocurrencies are becoming a force to reckon with by gaining worldwide acceptance. They are solving unique need gaps in the market that eliminate intermediaries and make cross-border transactions more robust and cost-effective.
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