BNB Chain leads all blockchains in tokenized fund growth, adding $3.7 billion
Photo: Crypto Briefing
The network outpaced every rival chain over the past year as tokenized stocks, ETFs and treasuries found a home on Binance's ecosystem BNB Chain added $3.7 billion in tokenized fund market cap over the past year. That was more than any other blockchain. Tokenization is the process of putting traditional financial products, such as stocks, ETFs or government bonds, onto a blockchain as digital tokens. Think of it as a digital twin of a share or a bond, one that can trade at any hour and settle without the usual back-office paperwork.
Also reported by Coinfomania.
Source: Crypto Briefing
