Tokenization of real-world assets (RWAs) is revolutionizing the way we perceive and manage assets. “Tokenized RWAs,” or more simply the digital representation of physical or intangible assets using a token recorded on a blockchain, allows for the efficient recording, trading, transferring, and managing of tangible assets in a digital format.
Real estate, commodities, art, and intellectual property are just some of the wide range of RWAs that can be tokenized and thus more easily tracked and traded on blockchain platforms. What is on the horizon in this new world? How will it affect your business?
This bulletin includes recent publications and activities, thoughts, and insights from Sidley lawyers that cover basic definitions, developments, possible legislative and regulatory directions, and potential business opportunities in tokenization of RWAs in 2025.
- For an overview of RWAs, common myths, and the legal considerations and risks associated with tokenized RWAs, see “A Primer: Understanding Tokenized Real-World Assets.”
- See “2025 SEC Digital Asset Policy Priorities” prepared by The Digital Chamber's Token Alliance Leadership Committee, co-chair, Lilya Tessler.
- In under four minutes, hear about blockchain transactional opportunities and anticipated U.S. regulatory changes impacting crypto and tokenization: “Post-Election Landscape – New Risks, New Opportunities.”
- This 30-minute “Policy9000: Navigating Global Regulatory” video from the October 2024 Avalanche Summit offers a wide-ranging exploration of tokenization issues from U.S. and EU regulatory developments to technology consideration.
- To see what Congress is learning to prepare for tokenized RWAs, read Lilya Tessler’s written testimony, “Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets,” presented before the House Financial Services Committee Subcommittee on Digital Assets, Financial Technology, and Inclusion hearing on June 5, 2024.
