Impact of Covid-19 on Real Estate Tokenization

  • The global coronavirus pandemic severely affected the functioning of many industries. People lost their jobs, industries were forced to shut down, and many governments were forced to announce economic stimulus packages despite a cash crunch.

    Tokenization can be a game-changer as businesses adapt to new processes to stay relevant. Acceleration in digitization will lead to a huge growth in Asset tokenization. Any asset like real estate, fine art, wine, gold, commodities, intellectual property, sports contracts, metals, and financial instruments like bonds and stocks can be tokenized easily.

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