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Hey,

Thanks for an interesting read, we're also really excited about the prospect of real-world asset tokenisation and are seeing a lot more financial institutions taking the plunge with this, such as HSBC and in our client activities. One concern we have with tokenisation is fractionalisation - for instance, putting a piece of real estate on chain may ultimately lead to the lack of pure ownership of the real estate because everybody has a piece of the pie, and therefore deter people from tokenising their own asset. Do you have any view on this?

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