Different Types of Assets That Can Be Tokenized: An Overview
The tokenization of physical and digital assets has become quite a trend on the blockchain. Asset tokenization is the digital process of transforming the ownership or economic rights of an asset into a digital token on a blockchain. It converts assets into digital units that can be held, sold, and traded using blockchain technology. The digital tokens represent a unit of ownership of the tokenized asset. Before learning how to tokenize an asset, one must first learn the different types of assets that can be tokenized.