BitGo Brings Institutional Custody to Real-World Asset Tokenization

BitGo has partnered with Core Chain to introduce a tokenization framework for real-world assets. This move puts another institutional custody name into the fast-growing RWA market, where crypto infrastructure is being used to represent traditional assets on-chain.

The framework allows for tokenization of physical gold, real estate, and fine art. However, it's essential to note that tokenizing a real-world asset requires custody, documentation, valuation, legal rights, and rules around who can access or trade the tokenized version.

BitGo's involvement in this partnership gives Core Chain a stronger institutional angle than a simple token launch. This is especially important when dealing with physical assets like gold, property, and fine art, which require robust custody and documentation to function effectively.