(thenextweb.com) With the advent of the blockchain, asset ownership is slowly beginning to move from analog to digital. Tokenization is the process of converting rights to an asset into a digital token on a blockchain.
With the idea of tokenization gaining popularity, financial institutions may see themselves turning their attention to this market as they figure out how they can manage assets via tokenization. The biggest promise of tokenization could lie in the increased liquidity of assets. Assets that are difficult or expensive to trade, can be turned into easily tradable units.