What Do You Need To Know About Asset Tokenization?
The emergence of blockchain-based asset tokenization has changed the landscape of businesses that deal with assets, from art to buildings, management of such assets, and the way investors look at investing with assets. By tokenizing the asset, the asset value is divided into several shares, as well as their ownership fragmented on a platform that keeps a track record of every transaction and ownership information. Tokenization of assets enables access to a wider range of audiences to participate and invest in assets as it enables fractional ownership and divides the asset value into small shares. Asset tokenization is gaining momentum by the day, and more issuers and investors are inclining towards them due to the many benefits it brings in such as enhanced efficiency, privacy, transparency, speedy and seamless transactions, globalization, etc.