Tokenization: Tokenized funds reach $5.7 billion according to Moody's

Tokenization is gaining momentum. Tokenization is the act of representing a real-world asset in the form of a digital token on a blockchain. This process allows for the benefits of blockchain, namely transparency and accessibility. For several years, tokenization has been at the heart of discussions in traditional finance. According to a Moody's report, tokenized funds have reached $5.7 billion.

Key points from this article:

Moody's revealed that the value of tokenized funds has reached an impressive $5.7 billion since 2021.

The giant BlackRock dominates the tokenized fund market with its USD Institutional Digital Liquidity Fund, managing $2.5 billion.

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