Bloomberg Crypto

Tokenization Is Being Embraced in the Least Sexy Corner of Finance

The use of blockchain in the repo market is gaining momentum.
Workers write information down on a whiteboard at a trading floor of Tokyo Tanshi Co., a major inter-dealer broker, in 2023.Photographer: Toru Hanai/Bloomberg
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Anna Irrera takes a closer look at a low-profile segment of the financial markets where tokenization is beginning to make an impact.

If you’ve been in or around crypto for a while, there are few things you haven’t been offered in tokenized form.