Among the rapidly evolving landscape of financial technology, tokenization has emerged as a buzzword promising to revolutionize capital markets. Companies proudly advertise their “billions in assets tokenized” and dozens security tokens issuers, presenting tokenization as the future of asset ownership and transfer. Their glossy brochures detail sophisticated processes of onboarding, issuance, servicing, and secondary … Continue reading The Tokenization Mirage: When Digital Promises Meet Legal Reality