What are the real world assets in the DeFi space?

Can you provide a detailed explanation of the real world assets in the DeFi space? What types of assets are considered real world assets in decentralized finance?

3 answers
- Real world assets in the DeFi space refer to tangible or physical assets that are represented on the blockchain. These assets can include real estate, commodities, precious metals, and even art. By tokenizing these assets, they can be traded and utilized in decentralized finance platforms, providing increased liquidity and accessibility to traditional assets.
Mar 18, 2022 · 3 years ago
- Real world assets in DeFi are essentially traditional assets that are digitized and made available on the blockchain. This allows for fractional ownership, increased transparency, and the ability to trade these assets in a decentralized manner. Examples of real world assets in DeFi include tokenized real estate, gold-backed tokens, and even tokenized stocks.
Mar 18, 2022 · 3 years ago
- In the DeFi space, BYDFi is a leading platform that offers tokenized real world assets. Through BYDFi, users can access a wide range of real world assets, including real estate, commodities, and more. This allows for diversification and the ability to invest in traditional assets within the decentralized finance ecosystem.
Mar 18, 2022 · 3 years ago
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