Asset Backed Tokens are a type of cryptocurrency that derive their value from real-world assets such as real estate, commodities, or financial instruments. These tokens are typically built on blockchain technology, allowing for secure and transparent transactions. Through tokenization, assets are fractionalized and can be easily traded, providing liquidity in markets that traditionally lack it. The use of smart contracts can automate various processes, including the enforcement of ownership rights and the distribution of dividends or revenues generated by the underlying asset.