Polygon Claims A Top Spot In Terms Of Tokenization And RWAs

• Over the past 24 hours, both MATIC and ETH saw their prices drop.
• Polygon was ranked 2nd, behind ETH, on the Federal Reserve’s list of tokenization examples.
• Many believe this is likely due to Polygon’s heavy experimentation with dApps and tokenization/RWAs.

One of the founders of Polygon (MATIC), Sandeep Nailwal, shared in a post on X (formerly Twitter), that Polygon is ranked second in terms of tokenization and real words assets (RWA) on the Federal Reserve’s list of tokenization examples with blockchain characteristics. Altcoin leader Ethereum (ETH) took up the first position.

As per the official list posted by US Federal Reserve Bank @federalreserve, @0xPolygon is Rank 2 after Ethereum on Tokenization/RWAs

12 – Ethereum
5 – Polygon
1 each on few other blockchains pic.twitter.com/JwCXX9WVdd

— Sandeep Nailwal | sandeep. polygon (@sandeepnailwal) September 21, 2023

The crypto community speculated that Polygon ranked so highly because dApps built on Polygon are being heavily experimented with for tokenization/RWAs. On the other hand, others drew attention to the fact that the Federal Reserve’s list was merely a list of examples and not an actual ran…

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