RATE Group | Asia Securities Industry and Financial Markets Association to bring in tokenized securit…
67741
post-template-default,single,single-post,postid-67741,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Asia Securities Industry and Financial Markets Association to bring in tokenized securit…

Asia Securities Industry and Financial Markets Association to bring in tokenized securit…

[ad_1]

Asia’s largest asset managers and financial services firms have come together and published a roadmap, interpreting a future where tokenized securities exist as a part of the mainstream institutional apparatus. As per the reports from the Asia Securities Industry and Financial Markets Association, the transactions of tokenized securities, if registered in the blockchain, hold the potential of becoming an essential tool for financial companies under suitable circumstances.

The report including the Citigroup Inc., Nomura Holdings Inc., PriceWaterhouseCoopers, and Standard Chartered Plc as authors along with the law firms Norton Rose Fulbright and Linklaters, states, “Tokenized securities could represent innovative new financing and capital raising model that is efficient, scalable and provides liquidity. The link between traditional financial products and instruments and blockchain technology offers stakeholders the reliability of a regulated instrument, combined with the…

[ad_2]

Source link