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Private markets slow to adopt tokenisation; still seeking clear use-case

Industry players disagree about the best applications for blockchain or distributed ledger technology, and many remain unconvinced of its benefits

Joan Ng

Joan Ng

Published Thu, May 23, 2024 · 05:00 AM
    • Industry players have disparate views about how to use distributed ledger technology and the benefits it can bring.
    • Industry players have disparate views about how to use distributed ledger technology and the benefits it can bring. PHOTO: UNSPLASH

    BLOCKCHAIN technology was expected to liberalise illiquid, disparate and chunky private-market assets by breaking them into digital tokens; but adoption has been slow.

    Industry players disagree about the best applications for blockchain or distributed ledger technology (DLT); many also remain unconvinced of its benefits.

    Danny Toe, chief executive of private markets exchange ADDX, is among DLT’s proponents; but he admits progress is wanting.

    BlockchaintokenisationPrivate creditPrivate equity

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