Tokenized Real-World Assets Still Require Investor Protection
This report examines the technological, legal, and regulatory implications of tokenizing real-world assets such as cash, securities, commodities and real estate. It describes how tokenization may make transactions faster and cheaper, allow rules to be built directly into digital systems, make it easier to own small portions of expensive assets and give more people access to financial markets. Additionally, the authors argue that while tokenization can improve access, it does not alter the legal nature of assets or eliminate the need for investor protection and regulatory oversight. Included are reviews of evolving regulatory approaches in the U.S. and Canada, emphasising the need for clarity and adaptation as tokenization expands in financial markets.