UAE’s proactive regulations fuel real-world asset tokenization boom

UAE’s proactive regulations fuel real-world asset tokenization boom

The asset code in the real world (RWA) is gaining momentum in the United Arab Emirates (United Arab Emirates), where industrial players themselves put themselves to meet the increasing demand for Blockchain -based assets.

The distinctive symbol of RWA includes getting rid of financial assets and other concrete assets to Blockchain, which increases access and liquidity for traditional non -liquid assets. On February 3 /

With the high symbol of RWA, players in the United Arab Emirates see more distinctive assets because the region supports the sector. In an interview with Cointelegraph, Scott Thiel, founder and executive director of Tokinvest- said the RWA platform organizing the United Arab Emirates-that there is no “deficiency in demand” on RWAS.

Thil said that the demand comes from many developers and senior assets who explore how to sell their assets through the distinctive symbol. “They all want to explore how they can use this as an alternative to financing or selling their property,” Thiel told Cointelegraph.