Tokenization will change the way people invest in assets globally. Consider, often illiquid and privately held assets, like real estate, precious metals, commodities, loans, bonds, venture capital, and artwork. In principle any asset can be tokenized on the...
According to the Merriam-Wester dictionary, a utility token is “a digital token of cryptocurrency that is issued to fund the development of the cryptocurrency, and which can be later used to purchase goods and services offered by the issuer of the cryptocurrency.” In...
Despite the volatile nature of cryptocurrencies and the controversy surrounding Facebook’s Libra, digital currencies are increasingly on the radar of wealth managers. The Libra project is based on the principle of reinventing money to transform the global economy and...
Digitization can enable private equity companies to improve efficiency and minimize charges. Private equity (PE) firms face regulatory pressure, the demand for more transparency and cost-effective charges, and growing direct and co-investments by limited partners. To...
Which is worse: getting paid by check, or receiving your payment late? For most people and scenarios, it amounts to the same thing. Checks processed via mail take almost a week to be delivered and longer after that to be settled from the time they are issued. Not only...