The Avalanche Foundation plans to use up to $50 million to purchase tokenized assets created on its layer-1 blockchain through its initiative, Avalanche Vista. The goal of the initiative is to showcase the value of tokenization in various sectors, including equity, credit, real estate, and commodities. Tokenization is the process of creating a digital representation of a real-world asset on a blockchain, which provides operational efficiency, accessibility to new users, and improved liquidity. The company believes that tokenization is one of the most impactful innovations of the next decade and is committed to tokenizing the world's assets.
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