<aside> ℹ️ Blockchain technology has been revolutionary in facilitating a change in our perceptions of digitized financial services across the globe. Of the many blockchain platforms, ***Solana*** takes pole position due to its surpassing speed and effectiveness in working, among other factors. This prominence positions Solana as an ideal platform for decentralized finance (DeFi) initiatives and the process of asset tokenization. The major aim of this paper is to shed light on the process of tokenization on the ***Solana*** chain, and discuss how developers can use it spur more innovation within the blockchain domain.

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Understanding Tokenization

Why Solana for Tokenization?

Getting Started

Token Extensions

Management of Developer and Treasury Assets with Squads

Real-world Applications and Case Studies

Challenges and Considerations

End

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<aside> 🦆 Created by Sholps

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