The tokenization of assets is an adapt-or-die moment for finance firms

The tokenization of assets is an adapt-or-die moment for finance firms

The push to bring investment opportunities on-chain is turning into something of an adapt-or-die race. Long-standing business models might soon get overturned, and organizations that fail to keep up better be prepared to lose business.

Tokenized assets can redefine portfolio management

Tokenizing real-world assets on a blockchain generates the kind of daily, market-derived data that has traditionally been reserved for a narrow set of assets, says EY’s Paul Brody. By Paul Brody For decades, your investment portfolio has revolved around a key academic idea that hasn’t held up very well: efficient markets. There’s a direct line from the efficient markets theory of Eugene Fama in the 1960s to modern portfolio theory. It paved the…