Bloomberg: "Asset tokenization" is becoming Wall Street's new favorite, with this round of enthusiasm focused on the digitization of financial assets

According to Bloomberg, with the price of Bitcoin hitting a historical high, asset tokenization has once again become a hot topic in traditional finance and cryptocurrency fields. This technology, which digitizes physical assets and records them on the blockchain, is being favored by Wall Street institutions including BlackRock. Industry insiders believe its potential may surpass that of the internet.

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