An Ownership Token is a digital asset that represents verifiable proof of ownership over a specific item, asset, or share. These tokens, often non-fungible tokens (NFTs), are recorded on a blockchain, providing an immutable and transparent record of proprietorship. They enable fractional ownership and digital scarcity.
Context
Ownership Tokens are frequently highlighted in news concerning digital collectibles, art, and real-world asset tokenization. Their ability to provide verifiable, immutable proof of ownership on a blockchain is transforming various industries, creating new markets and legal considerations for digital property rights.
The $1 billion volume milestone validates the bank's strategy to leverage DLT for compliant, fractionalized commodity access, enhancing liquidity and expanding retail investor participation in real-world assets.
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