Banks find intriguing ‘data play’ via tokenization efforts

Tokenization is no longer just a peculiarity of the crypto world, as execs from global custodian banks discuss their firms’ tokenization and digital assets strategies.

Tokens, blockchain, bitcoin, ledgers—all are technological and financial table stakes in the tumultuous world of crypto. The crypto realm moves faster and tends to break more things than its traditional finance counterpart, but more and more, its byproducts are bleeding into the latter. Tokenization—the act of digitally representing a security via a token, typically stored on a blockchain—gave rise to an entirely new asset class, and with it, came implications for existing asset classes, data

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