DeFi — Tokenization: Set Protocol

Source: https://bitcoinexchangeguide.com/wp-content/uploads/2018/06/setprotocol.jpg

Set Protocol is the standard for Tokenized Baskets, it offers the composite token approach to tokenization. It effectively democratizes wealth management.

Tokenization

Tokenization refers to the process of taking some asset or bundle of assets, either on or off chain and:

• Representing that asset on-chain with possible fractional ownership