The introduction of blockchain has changed how we invest in assets. Following the introduction of blockchain, the financial and technological landscape has undergone significant changes worldwide. Asset tokenization emerged as a cutting-edge strategy for utilizing blockchain technology to securitize assets.
<h2>Asset Tokenization</h2>
In its simplest form, asset tokenization is the process by which actual marketable assets are represented as tokens on a blockchain network. The benefits of asset tokenization include quicker settlement, more liquidity, improved risk management, and lower expenses.

This is according to Rob Viglione, Co-founder and Team Lead at <a href="https://horizen.io" target="_blank" rel="noopener">Horizen</a>, a public blockchain project that offers one of the largest blockchain infrastructures.

“Asset tokenization has made it possible to tokenize private securities or illiquid assets. Real-world asset representation as digital tokens on blockchain networks has gained popularity, which has resulted in an ever-growing number of asset tokenization platforms,” explained Viglione.

“Businesses are attempting to break new ground in asset tokenization innovations, particularly for unique advantages. As a result, many asset tokenization systems are leveraging the most recent development in the blockchain industry,” he added.
<h2>Benefits of Considering Tokenization</h2>
<h3>More Liquidity</h3>
Liquidity improvement is one of the main advantages of asset tokenization. The market for privately held companies is now non-liquid. As a result, it takes longer for buyers and sellers to become familiar with one another and their products. But with asset tokenization on the blockchain, this procedure is streamlined and made more automated.
<h3>Additional Accessibility</h3>
By using asset tokenization on the blockchain, assets can be broken up into the fewest number of tokenized pieces. Investors are encouraged to purchase a small number of shares. This widens the pool of potential investors and lowers the minimum investment time and sum.
<h3><strong>Extra Transparency </strong></h3>
When assets are tokenized, a comprehensive record of ownership and the rights and obligations of token holders are included in the contracts that define the token's attributes. You can see who you are dealing with, how powerful they are, and where they got this token from through this- something that makes the entire process more transparent.
<h3>Immutability</h3>
Data cannot be added, removed, or modified on the blockchain. Because the asset data and transaction records are validated and immutable once they are stored on the blockchain, anyone interested in purchasing or selling tokens can be sure they are accurate.
<h3>No intermediaries</h3>
Tokenization decreases the number of intermediaries needed in a transaction - thanks to Smart Contracts and attributes like immutability.
<h3>Quick and Cheaper Transactions</h3>
It will automate a large chunk of the process by performing token transactions via Smart Contracts. Again, as a result, there will be fewer intermediaries and fewer administrative tasks to complete. Transactions will eventually become quicker and more affordable as a result of this.
<h2>Select the Right Tokenization Platform For Your Project</h2>
Here are some essential steps that will help you select the right tokenization platform for your project.
<ul>
 	<li>The investor must choose the asset for tokenization.</li>
 	<li>Asset tokenization's second step entails assessing and pricing the help and locating pertinent laws and jurisdictions.</li>
 	<li>In the third phase, the asset tokenization platform employs its technology for tokenizing assets. The created token should be compatible with the law.</li>
 	<li>The asset tokenization platform provides a fund management dashboard for investors or issuers. Investor verification, fundraising, KYC, investor voting rights, and AML are all included in the dashboard.</li>
 	<li>Next, for investors to purchase the token offering, the tokenization platform should issue a Tokenized Assets Offering or TAO.</li>
 	<li>Automating regulatory compliance is more advantageous when smart contracts are integrated into asset tokenization. Smart Contracts also do away with the necessity for intermediaries.</li>
 	<li>The token would then be listed on security token exchanges, where buyers and sellers may transact on the secondary market.</li>
</ul>
<h3>Some of the best tokenization platforms for you to consider</h3>
If you’re eager to discover about the top tokenization platforms, here’s an overview of some of the top names among asset tokenization platforms.
<ol>
 	<li>Horizen: Horizen has its tokenization platform, <a href="https://tokenmint.global/" target="_blank" rel="noopener">TokenMint</a>,which is a no-code tokenization platform that allows anyone to easily launch fungible tokens with custom tokenomics. According to the company, no programming knowledge is required to use TokenMint. The platform is built on the Horizen sidechain system, Zendoo, which is a highly scalable and decentralized cross-chain protocol powered by a privacy technology called zkSNARKs. Horizen's platform is also supported by one of the largest node networks in blockchains with an extra security layer that protects its network. . Horizen is going to ramp up the capability of TokenMint by adding additional features such as NFT support, EVM compatibility and zkSNARKs for provable tokenomics in the near future. The combination of scalability, decentralization, privacy and security  will make Horizen’s TokenMint the perfect platform for anyone to tokenize valuable assets and keep or transfer anything, including government bonds, pieces of art, and family treasures.</li>
 	<li>tZERO: tZERO was amongst the first entries in the asset tokenization game. It allows users to avail the benefits of a marketplace for trading private digital securities. The platform is backed by Overstock, a publicly-traded company, which elevates its credibility for asset tokenization.</li>
 	<li>ADDX: Based out of Singapore, ADDX offers ample support to companies for raising capital by enabling the generation of digital securities. It requires companies to pass ADDX’s due diligence process for leveraging the benefits of asset tokenization on the platform. The ADDX marketplace offers a promising platform for exposing digital securities to a diverse pool of investors.</li>
 	<li>Bitbond:Bitbond has been a top asset tokenization platform that primarily focuses on offering technological support for tokenized bonds. It is worth noting that the client base of Bitbond includes banks, fund operators as well as issuers. It was one of the major drivers behind the introduction of Germany’s first STO in 2019.</li>
</ol>
&nbsp;
<h2>Wrapping Up</h2>
There is clearly no dearth of options that you may come across in your search for the best asset tokenization platform. The trend of converting real-world assets into digital tokens has gained a lot of momentum after blockchain started getting mainstream recognition. Investors and institutions are gradually realizing the exclusive value advantages of transparency, accessibility and freedom from intermediaries for the management of their assets. However, asset tokenization shouldn’t be taken lightly. Therefore, it would be wise to learn more about tokenization and how you can choose the ideal platform for your needs.

How to Select the Right Tokenization Platform For Your Project

Horizen has its tokenization platform, TokenMint,which is a no-code tokenization platform that allows anyone to easily launch fungible tokens with custom tokenomics.

Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more
than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

How to Select the Right Tokenization Platform For Your Project

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