The Axelar Foundation, together with Citibank, Deutsche Bank, Mastercard, Northern Trust, and Centrifuge, published a joint research paper at the Axelar Foundation and Metrika, Institutional Interoperability: How the Financial Institution Group Navigates the Multi-Chain World, which explores how to improve the accessibility and liquidity of tokenized assets while combining flexibility, privacy, transparency, and scalability.
Tokenized assets are on-chain representations of financial assets such as real estate, currencies, and securities. A recent report released by The Boston Consulting Group and market operator ADDX predicts that the value of tokenized assets will reach trillions of dollars within a decade. All the institutions involved in the report emphasized that in order to realize this potential, an interconnected network model incorporating multiple blockchains and legacy systems is needed.
Axelar Foundation, Citibank and others release joint research report to explore improving the accessibility and liquidity of tokenized assets
2024-06-06 15:37:07
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