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.
- 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.
21 Content Ventures
Logical Pictures launches 21 Content Ventures, an investment fund dedicated to films and series, offering the opportunity to take advantage of the growth in the audiovisual content market.
Société Générale Forge
Creation of a Tezos token protocol allowing a banking player to issue and manage structured products on the Tezos network.