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Tokenization is the process of taking something of value, such as a bank account or an amount of equity, and encoding it into something that represents that value. Cryptocurrency is one example of this, but tokenization can also be used to refer to anything that replaces sensitive information with unique passwords, hashes, or identification symbols.[1][2]

FIA Expo, October 2, 2023, had a panel discussion about the promise of tokenization of collateral. "The general consensus was that the industry is a long way from a widespread embrace of the technology, but market participants are still making steady progress and strategic investments in the future of this technology." [3]

John Lothian News[edit]

Former JLN Editor Matt Raebel wrote a comprehensive article explaining tokenization in simplified terms, which you can read here.