Rexas Finance (RXS) is a new player in the world of asset tokenization and is expected to prompt the future of this field with different ideas that will help to solve the problems encountered in traditional finance. In consideration of these two, in this case, Rexas Finance is going to be evaluated in how it positions itself as well as the rest of the players in the growth of the asset tokenization market.
Comprehending Asset Tokenization
Before exploring the role of Rexas Finance, it is important to first understand the term asset tokenization. In its most basic definition, asset tokenization is a procedure of generating digital tokens on the blockchain that represent any tangible assets such as real estate, commodities, artworks, or even patents. These tokens can be traded over decentralized exchanges increasing fractionalization and improving the liquidity of otherwise illiquid investments.