https://chain.link/education-hub/asset-tokenization#:~:text=%E2%80%9CAsset%20tokenization%E2%80%9D%20is%20a%20term,tradable%2C%20on%2Dchain%20token.
With HTS Hedera can do thus without smart contracts. They then have all the benefits of running in the native layer e.g full speed and security etc.
HTS can do this as the HTS tokens are programmable.
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