Sunny Lu, the founder of VeChain, is one of the featured speakers at the ongoing Paris Blockchain Week. He will be giving a keynote presentation on how to engage, earn, and prosper on the blockchain.
VeChain has established itself as a leader in tokenizing real-world assets, with a presence in various industries such as food safety, medicine, automotive, and supply chain management.
Sunny Lu recently expressed his confidence in VeChain’s progress in the asset tokenization sector, which is projected to be worth $16 trillion. He referred to VeChain as the “kings of real-world assets” during a conversation on X space.
Lu will be discussing this mission and more during his presentation on April 10 at the Paris Blockchain Week. The event will also feature other notable speakers including Binance CEO Richard Teng, Ripple CEO Brad Garlinghouse, renowned investor Tim Draper, VanEck CEO Jan VanEck, Crypto.com president Eric Anziani, and Circle chairman Jeremy Allaire.
Lu is expected to make an announcement about a famous individual integrating VeChain at the event. He will also provide further details about the rumors surrounding the integration of Fireblocks custody, which he sparked in a recent X space conversation.
Tokenization of real-world assets will be a key topic discussed by the speakers at the event. While blockchain technology has opened up new business models and possibilities, tokenization remains at the forefront for mainstream adoption. The ability to transform illiquid assets like real estate into liquid assets on a secure ledger, and facilitate easier, cheaper, and secure transactions globally, is a revolutionary concept. VeChain is at the forefront of this movement.
VeChain’s dedication to delivering real value through blockchain has been recognized by crypto investment giant Grayscale, as highlighted in a recent report. The network’s partnership with the Boston Consulting Group has also yielded groundbreaking results in the sustainability movement.
Tokenization of real-world assets is VeChain’s latest focus and it is rapidly becoming a core aspect of its operations. The network is expanding its efforts in various sectors, including automotive, food safety, medicine, luxury fashion, certification, and supply chains. Through its new dApp ecosystem, VeBetterDAO, VeChain aims to tokenize real-world activities and provide a new Web3 experience for individuals and enterprises.
Currently, VET is trading at $0.04386, experiencing a 7.32% dip in the past day. However, the token has seen a marginal increase of 5% over the week and has gained 28% year-to-date.
In conclusion, VeChain is making significant strides in the tokenization of real-world assets and will be sharing its progress and plans at the Paris Blockchain Week.