Asset tokenization is the process of representing real-world assets or financial instruments digitally. But who cares? In this episode we discuss how it offers increased liquidity, fractional ownership, lower barriers to entry and much more. This episode also features how it can be used for various asset classes, including real estate, precious metals, and energy. Different types of tokens, such as security, utility, governance, and access tokens, serve different purposes. We’ll also introduce you to the Defactor toolkit, which provides a solution for asset tokenization and offers flexibility for Web2 companies. 

Takeaways

• Asset tokenization enables increased liquidity and fractional ownership.
• Different types of tokens serve different purposes in asset tokenization.
• The DeFactor toolkit provides a solution for asset tokenization and is flexible for Web2 companies.
• The ERC3643 standard is designed for tokenizing real-world assets.
• Education and hands-on experience are crucial for understanding and adopting asset tokenization.