A few government-backed financial organisations are investigating tokenization use cases in order to transform existing financial systems. For example, El Salvador’s #Bitcoin Volcanic bond project has been in the works for over a year and intends to generate $1 billion in tokenized bonds from investors in order to develop a Bitcoin city.
According to the 2021 Security Token Report released by @Cointelegraph Research, most securities will be tokenized by 2030. Tokenized government bonds have the potential to shorten settlement times and free up liquidity inside financial institutions.
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