CRYPTOCURRENCIES AND ASSET TOKENIZATION IN THE GLOBAL ECONOMY

Abstract

The article highlights the dynamic processes associated with cryptocurrencies and asset tokenization, highlighting their impact on the world of economics. Attention is focused on the role of digital finance in the renewal of global markets, including changing investment approaches and the formation of innovative business structures. The advantages of using block-chain are considered – from transparency of financial transactions to reduction of transaction costs due to decentralization. At the same time, the difficulties that modern cryptoeconomics faces, including regulatory, risky and legal aspects, are outlined. Tokenization, as the process of identifying an isolated asset in the form of a digital token, is highlighted as a promising area that promotes greater accessibility to investments and simplifies asset management. Special attention is paid to the practical application of tokenization in various sectors, from real estate to art and the stock market, as well as its potential to attract venture capital. The article also examines the integration of digital technologies into established economic processes and assesses their future impact on the financial systems of the world. The importance of cryptocurrencies and tokenized assets in creating a new economic environment that stimulates the progress of digitalization and access to financial markets was emphasized. In conclusion, the article concludes that it is urgent to develop a harmonious regulatory policy and establish international standards designed to ensure the stability and security of the digital economic space in the era of its active growth.