Crypto Information Data

https://www.coindesk.com/business/2023/09/07/500b-korean-asset-manager-taps-polygon-labs-to-develop-tokenized-securities-network/?utm_source=Sailthru&utm_medium=email&utm_campaign=NODE%20SEPT%207%202023&utm_term=The%20Node

Major South Korean investment banking firm Mirae Asset Securities is working with the Polygon network to advance tokenization within finance. The Ethereum scaling network will serve as a technical consultant to the $500 billion asset manager, which is looking to create infrastructure to issue, exchange and distribute tokenized securities. Tokenization involves representing real-world assets such as bonds, equities and physical assets as digital tokens that can be traded on the blockchain, the theory being that this will make transacting them more efficient, transparent and liquid. Mirae would join other institutions such as Franklin Templeton in initiating tokenization projects on Polygon.