IDEAS home Printed from https://ideas.repec.org/a/aza/jsoc00/y2021v13i3p218-236.html
   My bibliography  Save this article

Tokenisation: Assembling the building blocks of an institutional digital assets marketplace

Author

Listed:
  • Domingo, Carlos

    (CEO and Co-Founder, Securitize, USA)

  • Mathew, Elizabeth

    (Head of Capital Markets, Securitize, USA)

Abstract

The tokenisation of securities using distributed ledger technology (DLT) is blurring the traditional distinction found in the level of automation in capital market services in the public and private markets. In the last three years, security tokens have helped dozens of issuers and both individual and institutional investors based in dozens of countries manage their private securities in a compliant and fully digital way. We take a long-term view in that all assets will ultimately be tokenised and that this will reduce frictions in asset issuance, servicing and ownership transfers, and remove barriers to accessing capital markets and financial innovation. The authors are in a unique position to witness the transformation in the way business-to-business (B2B) consensus is established in traditional capital markets, as well as to be a pivotal part of the buildout of the nascent decentralised capital markets infrastructure. The authors share their thoughts based on the initiatives they have undertaken so far, in the hope that this invites thoughtful discussion from experienced industry participants.

Suggested Citation

  • Domingo, Carlos & Mathew, Elizabeth, 2021. "Tokenisation: Assembling the building blocks of an institutional digital assets marketplace," Journal of Securities Operations & Custody, Henry Stewart Publications, vol. 13(3), pages 218-236, June.
  • Handle: RePEc:aza:jsoc00:y:2021:v:13:i:3:p:218-236
    as

    Download full text from publisher

    File URL: https://hstalks.com/article/6361/download/
    Download Restriction: Requires a paid subscription for full access.

    File URL: https://hstalks.com/article/6361/
    Download Restriction: Requires a paid subscription for full access.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    DLT; blockchain; security tokens; tokenisation; decentralised finance; reconciliation; consensus; private markets;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aza:jsoc00:y:2021:v:13:i:3:p:218-236. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Henry Stewart Talks (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.