As tokenised assets move beyond the realm of blockchain and decentralised-finance start-ups and into traditional finance, mainstream lenders are ramping up experiments with the tokenisation of real-world assets in a bid to drive adoption and open up new markets.
With Goldman Sachs concentrating thus far on the tokenisation of “vanilla” assets such as fixed-income government bonds, Standard Chartered has highlighted trade finance assets, a still largely untapped asset class, as a major driver for the tokenised asset space, creating a new market that can help in bridging the $2.5tn global trade gap.