Avalanche Foundation allocates $50M investment to on-chain asset token purchases By Cointelegraph

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The Foundation announced the launch of “Avalanche Vista,” a $50 million initiative to spur tokenization on the Avalanche blockchain, on July 25.

Avalanche Vista comes amid a groundswell trend toward tokenization throughout the blockchain community. Essentially, tokenization allows anyone to convert an off-chain asset into a digital, on-chain token.