Tokenization Gains Momentum in Asset Management

The tokenization of real-world assets is gaining momentum in asset management, according to B. Salman Banaei, General Counsel at Plume Network.

In a report by Bitcoin Suisse, Banaei highlighted four key benefits of tokenizing these assets:

faster settlement times;

fractional ownership access;

enhanced transparency via on-chain audit trails; and

reduced counterparty risk through smart contract compliance.

Banaei emphasized that tokenized securities should be regulated under existing frameworks to avoid complexity, warning the U.S. risks lagging behind countries like Switzerland and Singapore in regulatory progress.