#token A tokenized 300-year-old Stradivarius violin

This was indicated by the Galaxy Digital team in a statement cited by the media The Block, where they report that the tokenization of such a musical instrument, with such an interesting and remarkable history, represents a “significant advance in the application of Blockchain technology to support the value of unique real-world assets.”

The violin in question is an instrument made in 1708, which belonged to Catherine the Great of Russia, and is currently listed at about USD $9 million.

The tokenization of the asset was carried out to generate collateral for a financing requested by Siu, which is being facilitated by Galaxy Digital to enable commercial possibilities.