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July 22, 2025

The risks and rewards of tokenization as crypto heavyweights push for it

  • Some see it as a game-changer, while others fear it could lead to unregulated markets reminiscent of the 1920s.
  • By ALAN SUDERMAN
    AP Business Writer

    As cryptocurrencies become more intertwined with the traditional financial system, industry heavyweights are racing for a long-sought goal of turning real-world assets into digital tokens.

    “Tokenization is going to open the door to a massive trading revolution,” said Vlad Tenev, the CEO of the trading platform Robinhood at a recent James Bond-themed tokenization launch event in the south of France.


     
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