Tokenization Service

Definition ∞ A platform or protocol that facilitates the conversion of real-world or digital assets into blockchain-based tokens. These services enable the representation of ownership, rights, or value as verifiable and transferable digital units. They simplify the process of bringing diverse assets onto a distributed ledger.
Context ∞ The demand for services that convert traditional assets into digital tokens is growing as institutions and individuals seek to leverage blockchain’s benefits for liquidity and fractional ownership. Discussions often center on the legal validity of tokenized assets, the security of the tokenization process, and interoperability with existing financial systems. The maturation of these services is crucial for bridging the gap between conventional and decentralized finance.