MS - Diamond Lake Minerals (OTCPK: DLMI) Brings Douglas Borthwick On Board As Chief Token Strategist | Benzinga
Alternative investments are all the rage right now, from BlackRock's (NYSE:BLK) CEO sharing positive remarks about Bitcoin to tokenized real estate gaining traction. It seems that traditional investment opportunities are up against strong contenders as young people and self-directed investors set their eyes on alternatives. These innovative players are focusing on establishing advantages as they strive to maintain and cement market leadership in these nascent fields, and one company just bolstered its leadership position by appointing a new Advisor and Chief Token Strategist.
What Is Tokenization And Who Is Leading The Charge?
Tokenization refers to the process of converting physical assets, such as real estate or precious metals, into digital tokens that can be traded on a blockchain network. Real estate tokenization helps democratize real estate by allowing smaller investors to participate in the traditionally exclusive market. By fractionalizing properties into tokens, real estate can be divided into smaller ownership units, making it more affordable and accessible to a broader range of individuals. This creates opportunities for investors who might not have had the resources to invest directly in larger properties. Estimates predict that tokenized "real-world assets" could be worth $10 trillion by 2030.
Companies like Diamond Lake Minerals Inc. (OTCPK: ...