Axelar Foundation and Citigroup release joint research report to explore improving accessibility and liquidity of tokenized assets
Axelar Foundation, Citigroup, Deutsche Bank, Mastercard, Northern Trust, and Centrifuge have jointly released a research report titled "Institutional Interoperability: How Financial Institutions Can Navigate the Multi-Chain World" on Axelar Foundation and Metrika, exploring how to improve accessibility and liquidity of tokenized assets while maintaining flexibility, privacy, transparency, and scalability. Tokenized assets are on-chain representations of financial assets such as real estate, currency, and securities. A recent report by Boston Consulting Group and market operator ADDX predicts that the value of tokenized assets will reach trillions of dollars within a decade. All institutions involved in the report emphasize the need to establish an interconnected network model that includes multiple blockchains and traditional systems to realize this potential.
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