Bloomberg: "Asset tokenization" is becoming the new darling of Wall Street, with the current wave focusing on the digitization of financial assets

ChainCatcher news, according to Bloomberg, as Bitcoin prices hit an all-time high, asset tokenization has once again become a hot topic in both traditional finance and the cryptocurrency sector. This technology, which digitizes physical assets and records them on the blockchain, is favored by Wall Street institutions including BlackRock. Industry insiders believe its potential may surpass that of the internet.

This round of asset tokenization frenzy is driven by factors such as the Bitcoin bull market and Trump's election victory. Unlike the attempts of a few years ago to apply blockchain technology in scenarios like Walmart's supply chain tracking, this wave focuses more on the digitization of financial assets such as real estate and bonds.