1、Digital Asset Tokenisation in Asia PacificThe trends,challenges,and opportunities that will define Asias Digital Asset sectorA report from Kapronasia in collaboration with Chintai September 2022ContentsExecutive Summary 3Introduction 4The Traditional Capital Markets Ecosystem 5Digital Asset Tokenisa

2、tion 7The Potential of Digital Asset Tokenisation 9Asset Digitisation in Asia Today 11The Future of Digital Assets in Asia 14Conclusion 17Methodology Kapronasia conducted both primary and secondary research in Asia-Pacific to obtain the most relevant insights from the industry around digital asset t

3、okenisation.Secondary Research:Sources included but were not limited to,market intelligence reports and studies by industry experts and professional services networks,white papers,educational materials,media articles,and marketing collateral.Primary Research:Interviews were secured from relevant pla

4、yers across the ecosystem,including financial institutions,Fintechs,and industry experts.All values are in U.S.dollars($)unless otherwise noted.Executive Summary Financial markets are largely efficient in allocating capital by bringing investors together with those who require funding.However,there

5、is widespread acceptance that technology can make the process of originating,exchanging,and maintaining assets more efficient by reducing cost and complexity across the value chain while at the same time increasing market access.One of the more promising technological use cases is digital asset toke

6、nisation which effectively fractionalises a physical or virtual asset into multiple so-called tokens,each typically conveying ownership rights to the underlying asset.The tokens can later be traded either privately,or on one of many secondary markets that have developed.Digital asset tokenisation ai