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Asset Tokenization Gains Traction Among Crypto Skeptics, Enthusiasts

The digitization of tangible assets such as commodities, art and real estate on the blockchain was once considered a specialized pursuit limited to cryptocurrency enthusiasts. However, this perspective is evolving as leading financial institutions and smaller, cryptocentric entities embrace the concept of asset tokenization.

Initially, major banks held reservations regarding cryptocurrencies such as Bitcoin. Nevertheless, they recognized the transformative potential of the underlying distributed ledger technology in…

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