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Bank of America: Trend of Tokenizing Real Assets Accelerating
Summary: According to CoinDesk, a recent research report from Bank of America indicates that the trend of tokenizing real assets is gaining significant momentum. The report shows that investors are showing increasing interest in tokenizing real assets, including stocks, bonds, bank deposits, and real estate. The Dubai Land Department has launched a tokenized real estate platform, ...
According to CoinDesk, a recent research report from Bank of America indicates that the trend of tokenizing real assets is gaining significant momentum. The report shows that investors are showing increasing interest in tokenizing real assets, including stocks, bonds, bank deposits, and real estate. The Dubai Land Department has launched a tokenized real estate platform, aiming to digitize $16 billion in real estate assets by 2033 and introduce fractional ownership. Bank of America analysts believe that this shift will require significant infrastructure development but will bring advantages such as 24/7 cross-border trading, instant settlement, and increased liquidity. The report also points out that while the development of blockchain technology may impact traditional bank revenue sources, the adaptability of traditional financial institutions in the blockchain field may be underestimated.
