Colin Butler, global head of institutional capital at Polygon Labs, believes that tokenizing real-world assets for institutional clients could be a “killer app” for cryptocurrency. This is because tokenization has the potential to dramatically reduce costs and settlement times. Butler has previously stated that tokenizing real-world assets represents a $30 trillion opportunity for investors. He believes that this could be a major driver of adoption for cryptocurrency and blockchain technology. “I think that tokenizing real-world assets is going to be a killer app for crypto,” Butler said. “It's going to open up a whole new world of possibilities for investors.”
Polygon Labs is a leading provider of blockchain scaling solutions. The company's technology is used by a number of major cryptocurrency projects, including Aave, Uniswap, andSushiSwap.