The blockchain-based token industry is global. But lack of regulatory clarity across jurisdictions is the main barrier to further accelerating this potentially trillion-dollar industry. The Tokenizer now launches The Token RegRadar, a service to help lawyers and other professionals in this global space guide their clients on their cross-jurisdictional journeys.
The tokenization industry has set out to revolutionise financial investment by representing a wide range of asset types through pieces of computer code called tokens. Tokens on a blockchain can represent shares, bonds, derivatives and literally all kinds of real-world assets. Experts predict that we are moving towards ‘the tokenization of everything.’ Also, companies, organisations and asset owners can use Security Token Offerings – STOs – as alternatives to traditional means of raising capital.
Trillion-dollar potential
The potential is enormous, and the emerging tokenisation industry is expected to become a truly global trillion-dollar business. However, despite these promising prospects, regulatory uncertainty and the lack of a regulatory overview across jurisdictions worldwide severely threaten to slow down asset tokenisation acceleration.
Solving the problem
The Token RegRadar solves the critical problem of regulatory uncertainty. By constantly scanning jurisdictions and countries around the world collecting insights, news, and data on the actual regulatory situation everywhere, The Token RegRadar can deliver a constantly updated status and progress report for any jurisdiction to the subscribers of the service. Furthermore, by continuously comparing data from different jurisdictions, The Token RegRadar will allow the subscribers to benchmark jurisdictions and rank these based on various parameters.
Ongoing global scanning
The Token RegRadar’s ongoing global ‘scanning’ is possible due to the manual…
