Gold’s rise to all-time highs in 2021 has fueled interest in tokenized bullion on the blockchain. Tether’s gold tokens saw a 60% value jump, reaching nearly $2.1 billion. Tokenized gold makes up 1% of the real-world asset market, with potential uses like collateral for loans. The push for tokenization in the US aligns with new legislation, with industry experts seeing tokenization as a trend that will revolutionize investing. The GENIUS Act paved the way for tokenizing various assets, including gold, with expectations of rapid growth ahead. 1. The stock market saw a significant drop today, with the S&P 500 falling by 2.6% and the Dow Jones Industrial Average dropping by 650 points. This decline was attributed to concerns over rising inflation and interest rates, leading to a sell-off in technology and energy stocks.

2. In other news, the unemployment rate has decreased to 4.2%, the lowest it has been in over a year. This drop comes as more businesses are reopening and hiring, with the leisure and hospitality sector seeing the most job growth.

3. A new study has found that 70% of Americans are now fully vaccinated against COVID-19, a major milestone in the fight against the pandemic. This high vaccination rate has been credited with reducing hospitalizations and deaths from the virus significantly.

Read more at Yahoo Finance: Wall Street says tokenization will change global markets. Gold is next.