TechFlow news: South Korea's public blockchain Klaytn has published a blog post stating it is building a support system for real-world asset (RWA) tokenization, covering product development, token issuance, asset custody, and trading.
The team plans to establish a new token standard encompassing functionalities required for asset tokenization, while strengthening ecosystem components such as custodianship, KYC, oracles, and trading platforms.
The Klaytn Foundation will focus on driving broad adoption of RWA and providing support for ecosystem businesses, expecting to develop a series of RWA applications.
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