The World Economic Forum (@wef) released a new report on tokenization in financial markets.
The report concludes that tokenization can enhance the efficiency and transparency of financial markets, while giving investors increased access and control over their assets.
It highlights the importance of cross-chain interoperability and how Chainlink’s collaboration with ANZ Bank “successfully linked a private ledger to a public programmable ledger using the Cross-Chain Interoperability Protocol (CCIP).”
The critical role Chainlink plays in connecting blockchains to financial institutions' existing systems is also featured, citing how “Chainlink, Swift, and UBS Asset Management enabled tokenized fund transactions via Swift, reducing inefficiencies in the $63 trillion global mutual fund market.”
Explore the transformation of value exchange in the full report:
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