BNB Chain has introduced a new real-world asset tokenization service that enables individuals and businesses to tokenize assets easily without coding. According to Standard Chartered, this growing market could reach a $30 trillion market cap by 2030. The service is designed to simplify the tokenization process by providing in-built compliance tools and clear guidance for each step, including asset securitization and on-chain token minting. This development significantly reduces the cost, time, and labor involved, lowering the barrier for small businesses looking to engage in asset tokenization. Tokenization provides various advantages such as enabling fractional ownership of assets and boosting cost efficiencies in customer loyalty programs. The move reflects a broader trend of integrating real-world assets into blockchain technology, with increasing interest from stablecoin firms backing their tokens with traditional assets like US Treasury bills. Furthermore, recent pilot programs demonstrate collaboration between traditional financial institutions and blockchain technologies, paving the way for a more integrated future for financial transactions.

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