What comes next in these conversations, the tokenization and digitization of all assets, represents a significant step forward for blockchain, cryptoassets, and the opportunities of tokenization in general. Tokenization of said assets has the potential to change that; Blackrock estimates – and is investing in – programs to realize up to $10 trillion of value in real world assets (RWA) tokenization. Tokenization Will Change Financial MarketsThe trend toward tokenization is taking on an air of when versus if, and this transformation will change how financial markets function as well as how investors interact with financial products and services. The largest single change that will occur from the tokenization of financial assets at large will be the speed with which transactions and trades are settled and finalized. Regardless of what form tokenization ultimately assumes the fact is that tokenization and increased integration of blockchain into financial markets increasingly look like the future of financial markets and transactions.
Source: Forbes June 09, 2024 22:58 UTC