Bitcoin Magazine Deloitte Survey: Tokenization Transforms Traditional Finance

The tokenization of traditional finance is back in the news, as suits in boardrooms across the United States are discussing the benefits and risks of integrating cryptocurrency into their business. The term “tokenization” refers to deploying traditional financial assets on cryptocurrency rails, digitizing analog financial assets (including currency), and thus enable the financial industry to benefit from the speed and transparency that blockchains provide. But is this another crypto fad, or is there a fundamental problem that the young industry is addressing for the legacy financial world?

A Deloitte survey published in July polled 200 Chief Financial Officers working at companies with at least US$1 billion in

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