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DeFiChain Lists ‘4dTokens’ Representing Stocks, ETFs

DeFiChain Lists ‘4dTokens’ Representing Stocks, ETFs


TipRanks
2022-04-08 15:13:49

Asset tokenization is a growing use case in the ever-expanding decentralized finance (DeFi) ecosystem. Asset tokenization involves transforming real-world assets into digital assets using the features of blockchain technology. Almost anything asset-based or characterized by cash flow can be tokenized, be it securities like stocks, bonds, ETFs, real estate, or commodities. DeFiChain, a decentralized financial hub operating atop the Bitcoin network, is taking the concept of asset tokenization in a new direction through its dTokens. Unlike securities offered by companies in the real world, dTokens grant investors price exposure to real-world securities without the risk of ownership.


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