It is not yet that far, and tokenization, as the division is called in the professional world, is still in the development phase. However, the technology also arouses great interest in large companies. On Thursday, Deutsche Börse announced that it would acquire just under half of 360X for ten million euros, with Commerzbank holding a low double-digit percentage. < / p>
There is great hope that here, alongside stocks, bonds, commodities and foreign exchange, another large investment market will emerge. "We combine the best of two worlds," says Kölzer. "An extremely innovative digital mapping of assets on a reliable, regulated basis."
Great success with 360T < / h3>
In the next few weeks, a handful of institutional investors should already be able to exchange tokens with each other. Over the course of the year, the market is expected to open up to institutional investors, including private investors next year at the earliest. "We are building up ecosystems here, finding someone to make their assets available, and then, after stress tests, we are approaching the opening for breadth," says Kölzer, describing the next steps. In addition to real estate and art, he can also imagine sports as an area for digital investing in tokens.Updated Date: 01 May 2021, 01:20