Chainlink Labs’ director of capital markets said that enhancing tokens with real-world data could unlock better applications than traditional finance.
Researchers from the blockchain oracle platform Chainlink believe asset managers have a “sizable” opportunity to jump into tokenization as financial assets infrastructures continue to go digital.
In an industry report titled Beyond Token Issuance, blockchain oracle platform Chainlink explained where the opportunity lies and how interoperability and real-world data could unlock the value of tokenized assets.
The report laid down the potential benefits of tokenization for asset managers. This includes unlocking dormant capital, giving assets greater availability and creating novel revenue models.
