Tokenization transforms rights to an asset into a digital tokenTokens are created and distributed on a blockchain and can represent a variety of assets or utilities, including commodities, loyalty... that can be stored and transmitted on a decentralized ledgerA decentralized ledger is a database that records and verifies transactions independently of any central authority., such as a blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions..... Tokenization allows for fractional ownershipFractional ownership on a blockchain facilitates ownership of a fraction of an asset securely stored on a decentralized ledger. Assets... of assets and enables the secure, efficient transfer of value through liquidityLiquidity is a measure of the degree to which an asset or security can be quickly bought or sold in....