Startups & Venture
Tokenization’s Second Act: Making Real‑World Assets Composable
The first wave of tokenization largely digitized existing processes; the next phase must rebuild issuance, settlement and compliance as native, programmable layers so asset tokens can act as interoperable building blocks in digital‑money rails. That transition depends on solving throughput, latency/finality and transaction‑ordering limits, while regulatory choices and middleware concentration will shape whether markets centralize on platform‑led rails or remain open and composable.
