Chainlink has launched the Digital Assets Sandbox (DAS) to facilitate tokenization trials for financial institutions, aiming to expedite digital asset innovation. The DAS allows institutions to experiment with revenue-generating opportunities like bond tokenization, enhancing time-to-market and efficiency. Angela Walker, from Chainlink Labs, highlighted the institutional demand for secure digital asset experimentation environments as the driving force behind the sandbox's creation. By providing ready-to-use digital asset workflows, such as real-world asset tokenization, the sandbox empowers institutions to strengthen their business and investment strategies. Industry experts predict a multitrillion-dollar market opportunity for tokenization, with estimates suggesting a $16 trillion value for tokenized illiquid assets by 2030. Chainlink's initiative is poised to fuel blockchain innovation and use cases among large institutions, paving the way for a transformative shift in the financial landscape. Read more AI-generated news on: https://app.chaingpt.org/news