LawCoin introduces tokenization for litigation finance – Ledger Insights
- Yesterday, the legal fintech company LawCoin announced that it will tokenize its investment vehicle, LawCoin Investments.
- The firm claims it is the first company in the world to provide a platform to invest in litigation finance using blockchain technology.
- Meanwhile, the criteria for investment decision making include the merit of the case, the potential financial gain, and the estimated duration of the case.
- This development represents a growing trend in the tokenization of assets, where digital tokens are used to represent a share in some real asset.
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