Securitize, an asset tokenization firm, has announced the issuance of the first tokenized equities under the European Union's pilot regime for digital assets. The tokens, representing equity in Spanish real estate investment trust Mancipi Partners, were issued via the smart contract network Avalanche. Trading with equity tokens on secondary markets is set to begin in September. The market for tokenized assets could grow to $16 trillion by 2030, according to a report by Boston Consulting Group.
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Securitize Issues First Tokenized Equities Under EU's Pilot Regime for Digital Assets
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