🔥 Floki Targets Real-World Asset Tokenization

postedΒ  27 Oct 2023
Photo - Floki Targets Real-World Asset Tokenization
Floki, initially a meme coin, is venturing into the DeFi space with its new tokenization platform, TokenFi. The platform aims to tap into the burgeoning real-world asset (RWA) market, allowing users to tokenize assets like real estate and cars.

TokenFi will operate on five major blockchains including Ethereum and BNB Chain, with plans to expand further. The platform aims to incentivize users by offering rewards based on daily activity.

The tokenization industry is projected to reach $16 trillion by 2030, according to Floki's lead developer.