Fri 30 Nov 2018 / Global
Tokenisation unlocks illiquid markets
The promise of tokenisation lies in substantially reducing remaining illiquidity discounts by creating tokens that represent partial ownership rights to underlying illiquid assets. This is particularly encouraging in the commercial and residential real estate sectors, where frictions and barriers to investment, including minimum capital requirements, can be high. Once the rules of this market are written, tokenisation could change the nature of liquidity in the investment universe, unlocking the global potential of previously illiquid properties.