Tokenization

Tokenization is taking an asset and creating a digital token representing ownership of a fraction of that asset. In cryptocurrency and blockchain technology, tokenization typically refers to creating digital tokens representing ownership of real-world assets such as stocks, real estate, and art. These tokens can be bought and sold on blockchain-based markets like cryptocurrencies. A tokenization platform typically takes an asset and creates digital tokens representing ownership of that asset. These tokens are then recorded on a blockchain, which allows…