Banks eye opportunities, challenges in tokenisation wave

While banks should remain conservative, a balance with innovation can be reached, according to Deutsche Bank’s Boon Hiong Chan.

In a recent whitepaper co-published by Deutsche Bank and law firm Baker McKenzie, an optimistic scenario called the ‘Great Tokenisation Takeover’ is proposed, where asset tokenisation and digital assets are widely acknowledged, easily accessed and fully integrated into the financial system.

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