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Tokenizing the entire global financial system means creating digital, blockchain-based representations (tokens) of all financial assets—such as stocks, bonds, cash, real estate, and commodities—on a shared, programmable ledger.
This process would allow these assets to be instantly transferred, traded, and settled 24/7 across borders, with ownership and transactions recorded transparently and immutably on a distributed network.
The goal is to create a unified financial infrastructure where assets, including tokenized money and central bank digital currencies (wCBDCs), can seamlessly interact through smart contracts, enabling automated, efficient, and secure transactions.
As envisioned by leaders like BlackRock’s Larry Fink, this could result in every stock and bond existing on a single, global ledger, fundamentally transforming how value is stored, exchanged, and managed worldwide.