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The coming of age: Converting real assets to digital tokens

MY LAW.IQ

Last of 2 parts

AS discussed last week in the first part of this article, asset tokenizing is the process of converting real assets to digital tokens through the use of a tamper-proof distributed ledger technology, or the 'blockchain.' Shares or interests in real assets, such as real estate properties, businesses, equity shares in a business or works of art, may now be broken down into smaller parts and traded in the form of a digital unit called 'tokens.'