1. Homepage >
  2. Adoption & support >
  3. Tokenization

Tokenization

In essence, tokenization is the process of taking an existing function or asset and representing it as a token, which develops and releases on chain.

Tokenization

Advantages

  • Fractional asset ownership: Facilitated asset ownership 
  • Asset liquefaction: Assets become more easily tradable
  • Less intermediaries: Blockchain and smart-contracts guarantee the security of digitized assets
  • Cost reduction: Through automation and digitization

Which assets can be tokenized?

  • Money: “coins” [endogenous currency (the intrinsic cryptographic tokens of each protocol)], « tokens » [resulting from smart contracts]. 
  • Bonds: the blockchain opens up an automated management of registers, the payment of coupons or detachment of rights is possible with all the others advantages identified.  
  • Equities: smart contracts facilitate the management of preferential subscription rights or the exercise of warrants, but also the management of shareholder registers, shareholder agreements, shareholders, pre-emptive rights or qualified majorities per share class and generally voting participation and access to financial information.
  • Real estate or non-fungible assets: benefit from a higher liquidity and divisibility.

Tokenization

Forge
Tokenization

Société Générale Forge

Creation of a Tezos token protocol allowing a banking player to issue and manage structured products on the Tezos network.