{"id":9785,"date":"2025-05-23T07:13:34","date_gmt":"2025-05-23T07:13:34","guid":{"rendered":"https:\/\/www.turbocrowd.it\/?p=9785"},"modified":"2025-05-23T07:13:36","modified_gmt":"2025-05-23T07:13:36","slug":"asset-tokenization-guide","status":"publish","type":"post","link":"https:\/\/www.turbocrowd.it\/en\/asset-tokenization-guide\/","title":{"rendered":"Asset tokenization: from theory to practice"},"content":{"rendered":"

What is the tokenization<\/strong>? To use more commonly used words, it can be translated as \"digitization,\" and similarly token can be translated as \"digital asset.\" <\/p>\n\n\n\n

At this point it is important to distinguish tokens from cryptocurrencies. Cryptocurrencies are the digital parallel of fiat currency, with which one can make online purchases. With cryptocurrencies, for example, you can buy tokens: the Utility token<\/a> are like virtual vouchers that can only be used within a given circuit or platform, the Security token<\/strong> are digital representations of financial instruments. Their value is variable and arbitrary, as it is decided by the company that issues them: potentially, a token can represent anything.<\/p>\n\n\n\n

You can theoretically tokenize anything: a share, a business unit, a portion of real estate. But it is important to first understand what is useful to tokenize<\/strong>, that is, what might be attractive for the public to buy in the form of tokens. To understand this, let us start from even higher up: Why tokenize something?<\/strong> There are two possible targets:<\/p>\n\n\n\n

1. Raising capital by extracting liquidity from an illiquid asset. <\/p>\n\n\n\n

2. Making the company's operations more efficient. <\/p>\n\n\n\n

If startups can raise capital more easily with tokenization, companies that already issue financial instruments can benefit because it allows them to reduce the operational costs of issuance and placement and increase margins. It should be emphasized that only companies can tokenize, individuals cannot. <\/p>\n\n\n\n

An example in real estate: a property may offer income from rents collected in the future, but in the present it is an illiquid asset. Tokenizing and fractionalizing the property allows the asset to become liquid and start earning in the present. <\/p>\n\n\n\n

Back to the original question. What tokenize? One can divide the tokenizable assets <\/strong>into 4 macrocategories:<\/p>\n\n\n\n