Tokenization, 10 years down the road
- This is 10 years down the road, with, or without us, what flow, flows.
- The points have been summarized for our reference. Got time can checkout full content via the respective links.
- Tokenization is important because it is part of banking services in the near future.
Good news is, the future is already here, just not evenly distributed.
Tokenization
Anything that can be tokenized will eventually be tokenized.
More than $1 billion worth of U.S. Treasurys has already been tokenized across Ethereum, Stellar, and other blockchains.
A recent estimate from Ripple forecasts tokenized markets to reach $16 trillion in the coming years, a figure eight times larger than the total market capitalization of the entire cryptocurrency sector.
Headlines 20240510
1. Tokenization to unlock interoperability across payments, investments
The lines between payment and investment assets are becoming increasingly blurred. In the near future, it may be possible to split a dinner and pay using shares of tokenized funds, a blend made possible by tokenizing assets.
This positive blur between investment and payment because it’s ultimately value, right? And we’re unlocking the movement of value.
https://cointelegraph.com/news/tokenization-unlock-interoperability-across-payments-investments
2. SEC doesn’t want Ethereum to transform banking landscape, says Joseph Lubin
... the prospect of the banking industry's customers moving assets into digital forms using decentralized finance constructs could scare many banks and other financial institutions.
https://cointelegraph.com/news/sec-thinks-ethereum-threatens-banking
3. Tokenizing money is the ‘greatest innovation’ after fiat — Tether co-founder
... global economies will likely transition to tokenized money in the next 10 years.
The Tether co-founder noted that he was among the first institutional investors in PayPal.
https://cointelegraph.com/news/money-tokenization-greatest-invention-fiat-tether
How to tokenize real-world assets (RWAs) | With Examples
Tokenization is the process of converting rights or ownership of an asset, like real estate or stocks, into a digital token on a blockchain.
This enables a digital representation of the asset, allowing for fractional ownership, increasing liquidity and making some financial products more accessible to small investors.
https://medium.com/cyfrin/how-to-tokenize-real-world-assets-rwas-with-examples-41635a4f9645
