Chainlink Co-Founder: Tokenized Equities Offer Better Yields and 24/7 Transfers
Chainlink co-founder Sergey Nazarov has highlighted the benefits of tokenized equities, a financial instrument that could offer better yields, 24/7 transfers, and improved balance sheet management.
Nazarov made the comments, which were published in a recent article, in which he discussed the potential advantages of tokenized equities.
Tokenized equities are financial instruments that represent ownership in a company, but are issued as digital tokens on a blockchain.
Nazarov noted that tokenized equities could provide financial institutions and investors with several advantages, including potentially better yields, 24/7 transfers, and more efficient balance sheet management.