What is Tokenization?

Tokenization is the process of converting real-world or digital assets into tokens on a blockchain. These tokens can represent ownership rights, assets, or utility within a decentralized ecosystem. On Cardano, tokenization enables the creation of custom assets and digital tokens that can be securely transacted, traded, and programmed within smart contracts. Tokenization opens up new possibilities for asset management, fundraising, and decentralized finance (DeFi).

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