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TokenFi plans to launch the TokenFi RWA tokenization module in 2024 to realize the tokenization of non-securities assets
2023-11-28 15:54
Odaily News TokenFi issued a document on the X platform stating that it plans to launch the TokenFi RWA Tokenization Module (tokenization module) to realize the tokenization of non-securities assets. The team is currently in discussions with Chainlink and other key partners to leverage their technology to power this tokenized module. For Chainlink, TokenFi will use Chainlink PoR and Chainlink Cross-Chain Interoperability Protocol (CCIP) to power its RWA tokenization module. Floki, the entity behind TokenFi, has a cooperative relationship with Chainlink. Stakeholders are already discussing the use of Chainlink solutions as one of the main technical frameworks for the TokenFi RWA tokenization module. According to the roadmap, this will be achieved by 2024. In addition, TokenFi may also deploy ERC-3643, the standard for permissioned tokens that has been used to tokenize more than $28 billion in assets. The TokenFi RWA tokenization module uses TOKEN as its main utility token and will be launched on the mainnet in 2024.