Tokenisation Reshaping Global Finance, Says Token Bay Capital Founder

Lucy Gazmararian, Founder and Managing Partner of Token Bay Capital, has shed light on how tokenisation is revolutionizing the landscape of global finance. According to Gazmararian, this transformative technology is enabling a wide array of assets to become tradable on blockchain infrastructure, marking a significant shift in the financial sector.

The Power of Tokenisation

Gazmararian explained that tokenisation technology converts various assets into digital tokens that can move on shared infrastructure, effectively making them function as financial assets. This process is not limited to traditional financial instruments but extends to a diverse range of assets, including digital art and gaming objects, which are experiencing a resurgence after their initial growth in 2021.

Beyond Finance: Crypto's Expanding Horizons

The Token Bay Capital founder emphasized that the applications of crypto technology extend far beyond the realm of finance. She highlighted its potential in areas such as:

• The Metaverse
• Non-Fungible Tokens (NFTs)
• Creator-led economies

These emerging sectors are leveraging blockchain technology to create new forms of value and interaction in the digital space.

Regulatory Developments and Market Response

Following the introduction of the first U.S. crypto legislation, Gazmararian noted a significant market response:

• Rapid expansion of startups in payments and stablecoins
• Established payment firms acquiring blockchain-enabled stablecoin providers

This flurry of activity, as described by Gazmararian, is creating a "rush to establish payments infrastructure" in the crypto space.

Global Initiatives

The impact of tokenisation is not confined to the private sector. Gazmararian pointed out that countries like the United Arab Emirates (UAE) are making strides in this area:

• The UAE's central bank is advancing with initiatives such as the digital dirham

This move by a major financial hub underscores the growing acceptance and integration of blockchain technology in national financial systems.

The Future of Internet Infrastructure

Gazmararian offered a forward-looking perspective on the role of blockchain technology:

• Blockchain and AI together form the next layer of internet infrastructure for global value transfer
• Blockchain's key attributes include:
  • Borderless nature
  • Decentralization
  • Censorship-resistance

These characteristics position blockchain as a powerful tool for reshaping how value is transferred and managed on a global scale.

Conclusion

As tokenisation continues to evolve, it promises to unlock new possibilities in asset management, trading, and financial inclusivity. The insights shared by Lucy Gazmararian of Token Bay Capital highlight the transformative potential of this technology across various sectors, signaling a new era in the world of finance and beyond.