As Tokenization Gains Traction, Know the Risks, Rewards
As digital currencies become more connected with mainstream finance, major players in the industry are racing to digitize real-world assets. This process, known as tokenization, involves converting assets like real estate, art, or company shares into digital tokens using blockchain technology. One reason interest in tokenization is growing so fast is the rise of stablecoins. According to crypto investor Katie Haun, stablecoins have laid the groundwork for a broader shift to tokenizing other types of assets. She compared the potential of tokenization to the way streaming changed how people consume TV and movies. Recently, trading firm Robinhood launched tokenized stock…