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

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.