The tokenization of assets refers to the process of issuing a utility token that is the digital representation of a real asset and secured through the implementation of blockchain technology. These utility tokens, generated through a utility token offering to distinguish it from other types of ICOs, can produce different tokens such as equity, utility, or payment tokens. An ICO creates a digital representation—a utility token—of an asset, meaning that it can represent a demand of a company value and use, ownership of a piece of real estate, or participation in an investment fund and traded on a secondary market or exchange.
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