Source: Coinomedia Original Title: Tokenization Will Reinvent Finance, Says Coinbase CEO Original Link:

What Is Tokenization in Finance?

Tokenization in finance refers to creating digital representations of assets like real estate, stocks, or even artwork on a blockchain. These tokens can then be easily transferred, traded, or divided among investors.

According to Armstrong, this system eliminates the need for expensive intermediaries and opens up access to markets for more people worldwide. For instance, a single property can be split into thousands of tokens, allowing fractional ownership — something nearly impossible with traditional systems.

Why Tokenization Matters

A leading cryptocurrency exchange CEO has made a bold prediction: everything that can be tokenized, will be. In a recent statement, he emphasized that tokenization — the process of converting real-world assets into digital tokens on the blockchain — will completely reshape the world of finance.

He believes tokenization is not just a passing trend, but a fundamental upgrade to how financial systems operate. “It’s much better for the end user,” he said, highlighting its potential to reduce costs, increase efficiency, and offer faster, more secure transactions.

Industry Support for Tokenization

As one of the largest crypto exchanges in the world, the platform is well-positioned to benefit from the rise of tokenized assets. This statement reflects the company’s ongoing commitment to blockchain innovation and user-friendly finance.

The exchange already supports multiple tokenized assets and continues to build infrastructure to make token trading easier and more secure. As regulation catches up and mainstream adoption grows, industry leaders believe tokenization will become the standard for asset ownership and exchange.

For users, this means quicker settlements, lower fees, global access, and greater transparency — all benefits that could redefine financial freedom.