Tokenization is very much associated with the digitization of assets. These are technologies that can combine their characteristics to create a new generation of digital assets that are more accessible, liquid, and secure.
For example, a real estate investment trust tokenizes its property. That would give investors the ability to buy and sell fractional ownership of the underlying assets on a blockchain network, increasing liquidity and reducing transaction costs and hence making real estate investment more accessible to a greater pool of people.
Similarly, a fine art gallery can digitize its collection and thereafter tokenize individual artworks. This will make it possible for buyers to buy and sell fractional ownership in the artworks, hence opening an entirely new avenue for investment in the art market.
