Anduro, Marathon Digital’s (MARA) Layer-2 Network, Launches a New Tokenization Platform!
Anduro, a layer-2 network developed by Marathon Digital, has launched a tokenization platform for real-world assets.
Anduro, a multi-chain layer-2 network developed by Marathon Digital (MARA), has launched a groundbreaking tokenization platform for real-world assets (RWA) on Bitcoin.
Marathon Anduro Unveils Bitcoin Tokenization Platform, Starts with Whiskey Barrel
Anduro, in partnership with tokenization specialist Vertalo, is preparing to pilot its platform, called Avant, by tokenizing whiskey barrels.
The concept of tokenization involves creating digital representations of physical assets that can then be bought and sold on a blockchain.
The technology is gaining traction in the decentralized finance (DeFi) space, with tokenized assets such as Treasury bonds exceeding $2 billion in market value on networks like Ethereum and Solana.
Anduro emerged as a Project that would bring a tangible, recognizable asset to the blockchain by tokenizing whiskey barrels in its pilot project.
According to Anduro's product lead, Jullian Duran, the goal is not to copy what already exists on Ethereum or Solana, but to produce a platform that will resonate with the Bitcoin community.
The launch of Avant comes at a time when Marathon, like other Bitcoin miners, is looking for new revenue streams in response to the periodic halving of block rewards. Bitcoin miners earn new BTC by adding blocks to the network, but that reward is halved every four years.
By developing Avant, Anduro and Marathon aim to create new opportunities for Bitcoin miners and enable wider adoption of the cryptocurrency.
The pilot project with whiskey barrels signals the start of a potential revolution in how real-world assets are represented on the Bitcoin network, opening the door for a wide range of industries to explore tokenization.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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