In the vast digital cosmos, the concept of assets has undergone a metamorphic transformation. From the rudimentary days of the internet, where assets were mere static images and texts, we've ventured into an era where they symbolize value, power, and innovation. Web3, the latest chapter in this evolutionary tale, heralds a new age for digital assets, elevating them from simple digital representations to dynamic entities with inherent value and purpose.

Tokenization, a digital representation of assets on a blockchain, is revolutionizing the asset servicing industry by offering transparency, efficiency, and accessibility, with banks and fintechs collaborating to harness its potential, while the broader shift towards digitization transforms all facets of asset management and servicing.

In the future, not only stocks and other liquid assets will be administered with the help of blockchain technology, but the technology holds the most potential for illiquid tangible assets. These assets will benefit from the tokenization the most as it will be the key to increase the liquidity and opens up new opportunities for investors to trade the formerly illiquid real assets on secondary marketplaces.