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finance is becoming more notable , blurring the line between two seemingly separate , and arguably parallel , financial instruments .
Think of exchanges that now have a digital asset offering , banking giants which have dedicated units and the wave of experienced personnel who have made the transition from traditional finance to this burgeoning sector .
From the rise of blockchain technology to the proliferation of tokenisation – as well as the increased , yet still debatable , acceptance of cryptocurrencies as ‘ legitimate ’ assets – the impact of digital assets is evident across several facets of the financial ecosystem . The industry can now differentiate between ‘ crypto ’ and ‘ digital assets ’, while the old ‘ Wild West ’ comparisons for the former have now been replaced with opinions of ‘ bad actors , not bad assets ’.
What doesn ’ t seem up for debate is the potential of blockchain and how tokenisation will shape the markets of the future .
“ For us , blockchain really is an enabler – looking
from an infrastructure , product and a client facing perspective – to make processes in the long run safer , more efficient , while also reducing costs and enabling us to create accessibility , especially for retail investors , to additional products which are not tradable or fungible today ,” says Christoph Hock , head of tokenisation and digital assets at Union Investment .
Blockchain , at the highest level , is about providing additional transparency , and with that , the opportunity
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