Panel says there’s room to potentially tokenise all assets, given benefits of blockchain

[ABU DHABI] There is likely to be room to tokenise all investment instruments, given the benefits of blockchain technology such as increased liquidity, wider access and higher efficiency, said the members of a discussion panel on Wednesday (Nov 16).

Dan Doney, chief executive and co-founder of financial and regulatory technology company Securrency, said: “The challenge with liquidity is that you have to go to so many different venues to conduct transactions. In the not-too-distant future, you will see a unified marketplace for any kind of asset.”

He was speaking on a panel on how multi-trillion dollar funds and banks are testing and applying blockchain-based technology, at the Abu Dhabi Finance Week 2022.