Global #Tokenization

Mastercard, alongside major US banks like Citigroup, Visa, and JPMorgan, has embarked on a collaboration to explore the potential of distributed ledger technology (DLT) for banking settlements through tokenization.

As financial asset infrastructures continue to go digital, researchers from the blockchain oracle platform Chainlink think asset managers have a "sizable" opportunity to get into tokenization.

The Hague Conference on Private International Law (HCCH) has launched a digital asset tokenization project to provide legal clarity for cross-border businesses dealing with digital assets.