Tokenization: Digitizing the Real World
- Date:April 29, 2024
- Author(s):
- Joel Hugentobler
- James Wester
- Report Details: 19 pages, 2 graphics
- Research Topic(s):
- Digital Assets & Crypto
- PAID CONTENT
Overview
Tokenization—the creation of unique digital records of asset ownership—is poised to make a lasting impact on how participants in financial markets operate, affecting financial institutions, investors, and regulators. The technology has the potential to create new revenue-generating opportunities, increase efficiency in transactions, and heighten transparency.
This Javelin Strategy & Research report takes a broad look at the move toward tokenization and examines compelling use cases. Central banks, commercial banks, and other financial institutions both public and private are researching and experimenting with tokenized assets, making cautious moves forward as they consider the various risks that will require adequate solutions.
Key questions discussed in this report:
- How does tokenization work?
- What are the compelling use cases for tokenization?
- What should financial institutions and other market participants be doing now to prepare for the unfurling uses of tokenization?
Companies Mentioned:
Bank of International Settlements, Barclays Plc, Bitcoin, BlackRock, BNY Mellon, Broadridge, Citigroup, Digital Asset, Ethereum, European Union, Franklin Templeton, Goldman Sachs, Hong Kong Exchange, JPMorgan Chase, Lloyds Banking Group Plc, Markets in Crypto Assets Regulation, Mastercard, Monetary Authority of Singapore, Ondo Finance, Parcl Labs, Pyth, Quant, SEC, Stellar, Swift, Swiss National Bank, UBS, UK Finance, Visa
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