Article

Tokenization

August 22, 2026 · Aditya Gupta

Crypto & Blockchain

Tokenization is converting real-world assets into blockchain tokens — enabling fractional ownership, 24/7 trading, and programmability. Examples: real estate tokenization (Lofty, RealT for fractional rental property), tokenized US Treasury bills (BlackRock BUIDL, Ondo, Franklin Templeton FOBXX), commodity tokens (PAXG gold), tokenized stocks (limited US availability due to regulation), tokenized private credit (Centrifuge, Maple). BlackRock CEO Larry Fink has stated 'every financial asset will be tokenized.' Benefits: settlement efficiency, programmable distributions, broader access. Challenges: regulatory ambiguity, legal enforceability of token claims, infrastructure maturity. Tokenization of money market funds is the fastest-growing institutional segment.

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