Mapping the security token industry
How often do you see an entirely new industry being born and growing up right in front of your eyes?
At The Tokenizer, we have had that privilege since we launched our platform at the beginning of 2019. Back then, the circles were narrow, and all the company names of the entire asset tokenization industry could easily have been written on the back of an envelope. And for the same reason, producing an industry guide at that time seemed like overkill.
But not anymore. So much has happened, so much work has been done, and so many new players have entered the industry. The number of issuance platforms alone should be counted in hundreds today, and the same goes for various service providers globally. Even though most players in the industry are impatiently waiting for asset tokenization to show its full potential, the increase in interest and acceleration during the recent year has been significant.
As something new, we now see how almost all the large consulting firms, as well as the big international financial institutions, are publishing colourful promising reports about the future of tokenization – like BCG, McKinsey, Goldman Sachs, Deutsche Bank, Blackrock and many more. This is all great news for our industry because it helps grab the attention of the broad global capital and investment market and the hundreds of thousands of companies worldwide that our industry will eventually be geared to serve.