Jamie Crawley is a CoinDesk news reporter based in London.
Marathon's incubation of Anduro may speak to a trend whereby mining companies are seeking to find more and more sources of transaction fee revenue in response to the block reward halving every four years.Anduro, incubated by mining firm Marathon Digital Holdings , has developed a platform for issuing and investing in real-world assets on Bitcoin.
Tokenization refers to the issuance of digital representation of RWAs as tokens that can be traded on a blockchain. Tokenized Treasury notes traded on networks like Ethereum and Solana Like various other uses of blockchain technology, tokenization has been largely absent from Bitcoin. This has begun to change in recent years, however, through developments that have introduced
Anduro wants to avoid taking a RWA play that exists on the Ethereum and Solana blockchains and simply cut and paste it to Bitcoin, but instead is looking to offer something that"a bitcoiner would understand," he said.. Why would we create an Ondo Finance competitor?" he said in an interview with CoinDesk."We see the opportunity being in these traditional, hard industries that are immediately recognizable, such as American whiskey.
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