Synthetic Real-World Assets
Synthetic Real-World Assets
Synthetic Assets are tokenized representations of assets that exist in the real world via the blockchain.
For example
· A synthetic asset token such as syOil which tracks the price of Crude Oil
· sySPY tracks the price of the S&P500 stock index
· syAAPL tracks the price of the Apple shares
· syUKP tracks the price of the UK real estate market
· sy - <TOKEN> - represents any asset where “sy” is the delimiter
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