The organisation said tokenisation is breaking financial services into distinct layers, creating opportunities and regulatory challenges.
The International Monetary Fund (IMF) has published a note examining the rapid rise of tokenisation in financial markets and the policy challenges accompanying its adoption. Titled The Rise of Tokenisation: Deciphering New Trends in Payments and Asset Tokenisation , the report explored how blockchain-based issuance and transfer of assets could reshape market structures, risk management practices and financial stability. According to the IMF, tokenisation is transforming financial architecture