In this article, you will learn what is tokenization, its benefits and top tokenization platforms in the industry.
What is Tokenization?
Asset tokenization refers to the process of issuing blockchain tokens which digitally represents the actual tradable assets like property, art or any precious metal. These tokens are quite similar to traditional security tokens. Tokenization is applied in equities, bonds, and other illiquid assets.
These digital tokens give limited ownership of the particular real estate asset or share in a company to the investors. These tokens can be traded on a secondary market in exchange for fiat currency or cryptocurrency.
Tokenization is beneficial for both investors and sellers. It offers higher liquidity, cheaper transaction facility, transparency and greater accessibility to the global market. Let’s see each one in detail. Follow the link to know more -
https://medium.com/the-capital/asset-tokenization-the-next-investment-wave-of-2020-38e936765f29
