Real Asset Tokenization, a pivotal step toward digital evolution, revolutionizes sectors by converting real assets into digital tokens on the blockchain.

NFTs shine in real asset tokenization. These tokens symbolize ownership, equity, or debt in tangible assets. Note, NFT ownership ≠ asset ownership. Legal intricacies stem from NFTs not directly granting asset rights. NFTs denote IP-guarded items like digital art, but rights don't shift automatically. Transfer relies on smart contract clauses, necessitating clear terms to prevent disputes.

Navigating legal realms is vital in asset tokenization. Aspects span property, securities, IP, AML, and sanctions. This speech offers insights, fostering awareness of challenges and prospects in this evolving arena.