2024

World

Coin98

when

Polygon

<h4><strong>This new platform allows people to trade assets that are tied to real-world things like property or bonds. But, in the form of tokens on the blockchain. </strong></h4>
<p>What makes this even bigger news is that Assetera’s marketplace is regulated by the Austrian Financial Market Authority. It also follows strict European rules, known as MiFID II, which makes it safer and more trustworthy.</p>
<h5><strong>What Are Tokenized Real-World Assets?</strong></h5>
<p>Tokenized <a href="https://www.altcoinbuzz.io/?s=rwa" target="_blank" rel="noopener noreferrer nofollow">real-world assets (RWAs)</a> are digital versions of physical things. For example, imagine you own a piece of property. Instead of selling it the old-fashioned way, you can create a token that represents the value of that property and sell the token instead. Here are some stats:</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">The current total value of Tokenized Real World Assets (Stablecoins included) distributed across the public blockchains landscape are estimated to be over $175B</p>
 <p>Common asset classes of tokenized RWAs are: U.S. Treasuries, Global Bonds, Private Credit, Commodities and Stocks <a href="https://t.co/jbQrCa94oW" rel="noopener noreferrer nofollow">pic.twitter.com/jbQrCa94oW</a></p>
 <p>— Coin98 Analytics (@Coin98Analytics) <a href="https://twitter.com/Coin98Analytics/status/1838130122031083934?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 23, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>This way, people can buy, sell, or trade small pieces of an asset, making it easier for everyday people to invest in things they might not usually afford. It’s like owning a slice of the pie instead of the whole thing.</p>
<h5><strong>How Assetera Works</strong></h5>
<p>Assetera’s platform runs on the <a href="https://www.altcoinbuzz.io/?s=polygon" target="_blank" rel="noopener noreferrer nofollow"><strong>Polygon</strong> blockchain</a>, a technology that helps make these token trades fast and cheap. Even better, the platform is open 24/7, which means users can trade any time they want, even when traditional markets are closed. With Assetera, investors get the chance to buy and sell these digital tokens representing real-world assets in a secure and easy-to-use environment.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">Polygon is fast becoming home of RWAs : Assetera launches secondary tokenized RWA market on Polygon<a href="https://t.co/ayAO0pHEO9" rel="noopener noreferrer nofollow">https://t.co/ayAO0pHEO9</a></p>
 <p>— Sandeep | AggLayer <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f47f.png" alt="👿" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@sandeepnailwal) <a href="https://twitter.com/sandeepnailwal/status/1839133700191039813?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 26, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>One thing that sets Assetera apart from other platforms is that it’s <strong>regulated</strong> by the Austrian Financial Market Authority. This means the platform has to follow certain rules to protect its users and make sure everything runs smoothly. Following the <a href="https://www.esma.europa.eu/publications-and-data/interactive-single-rulebook/mifid-ii" target="_blank" rel="noopener noreferrer nofollow">MiFID II regulations</a>— which are the rules in the European Union for financial services—also adds another layer of safety.</p>
<p>It’s like having a safety net when you’re walking a tightrope. The regulations are there to catch any mistakes and make sure everything is fair and square.</p>
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<h6><strong>Disclaimer</strong></h6>
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p>
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/assetera-launches-regulated-tokenized-asset-market-on-polygon/" rel="noopener noreferrer nofollow">Assetera Launches Regulated Tokenized Asset Market on Polygon</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

Assetera Launches Regulated Tokenized Asset Market on Polygon

Altcoin Buzz

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