Reported about 21 hours ago
Tokenization, the digital representation of real-world assets on a blockchain, has gained popularity on Wall Street, fueled by Bitcoin's resurgence. While it was previously overshadowed by regulatory challenges, increased interest from institutions like BlackRock and initiatives from companies like Visa and Mastercard signal a shift. The potential benefits of tokenization include enhanced liquidity, reduced costs, and faster transactions, though some experts caution about risks like poorly priced assets and the viability of tokenizing certain investments, such as art and private equity.
Source: YAHOO