🎉Good news! Galaxy Digital, owned by Michael Novogratz, announced that it has successfully tokenized a 300-year-old Stradivari violin owned by Animoca Brands co-founder Yat Siu! 🎻The violin was made in 1708, is worth approximately $9 million, and once belonged to Catherine the Great of Russia. 👑

Galaxy Digital said that this iconic instrument is known for its unparalleled craftsmanship and long provenance, and its tokenization marks a major advancement in the application of blockchain technology to unlock the value of unique real-world assets. 🚀

Even more surprising is that Siu will use the tokenized violin as collateral for Galaxy Global Markets business financing. 💰This move undoubtedly further proves the potential and value of Bitcoin and blockchain technology. 👍

Let us look forward to more physical assets being tokenized through blockchain technology to unlock greater value! 🎉