FMA seeks feedback on tokenised products impact

FMA seeks feedback on tokenised products impact
(Image: Unsplash)
BD AI
The Financial Markets Authority (FMA) is seeking feedback on the implications of the growing market for tokenised products.Tokenisation, which involves converting real or virtual assets into digital tokens that can be stored and traded on a blockchain, has the potential to influence the development of New Zealand's financial services.Internationally, tokenisation is increasingly being used in financial markets in offerings of financial products and instruments to retail and wholesale investors.“The pace of technological development is...