CryptoIntelligence
2024-04-20 09:33:00

Traditional Finance Embraces Blockchain: RippleX VP Discusses Tokenization and New Stablecoin Initiatives

The traditional finance sector (TradFi) is embracing the tokenization of financial assets on public blockchains, with significant advancements in blockchain-based tokenization, according to Markus Infanger, Senior Vice President at RippleX. In an exclusive interview with Cointelegraph during Paris Blockchain Week, Infanger expressed that TradFi’s integration of blockchain technology is becoming concrete and impactful. “We’re starting a paradigm shift for blockchain technology, moving beyond the hype and into real utility. “It’s starting to unfold,” Infanger remarked, indicating a significant shift towards practical applications of blockchain in traditional finance. The potential for tokenized markets is enormous, with future projections estimating their value

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