According to Odaily, L1 blockchain infrastructure technology company Platonic has announced the launch of its decentralized tokenization platform. The platform aims to empower financial institutions by providing a high level of data privacy and security for asset tokenization.

The company stated that the technology seamlessly integrates with both traditional and digital financial infrastructures, allowing institutions to leverage the benefits of blockchain technology while maintaining business continuity. Additionally, Platonic's AI-powered smart contracts enhance automation and operational efficiency, enabling financial institutions to achieve immediate cost savings. The platform is connected to public blockchains to facilitate broader market access, liquidity, and distribution.