With ongoing talks of Central Bank Digital Currencies and now even a possible digital dollar, tokenization continues to be a hot topic both in the crypto world and in traditional finance. It’s been a buzzword in the financial industry for a while now, and the concept is being explored by startups, established institutions and governments alike, through centralized and decentralized blockchain technology.
As the world of tokenization marches on, some questions have been raised from technological, financial and regulatory standpoints. Here is a deep look into tokenization, how it will impact the financial markets, and what challenges it currently faces on its way to mainstream adoption.