White paper | The tokenization of assets

White paper | The tokenization of assets

In recent years, technological developments have led to the creation of new goods and services that have induced new economic realities. Among them are the blockchain and crypto-assets. They are part of the “asset tokenisation” phenomenon, i.e. representing physical assets on the blockchain, which is a new form of dematerialization.

However, the products and services in this environment have been designed without reference to existing legal frameworks and it might even be said in opposition to these frameworks. Ultimately, they require a legal framework to enable operators to operate in a secure environment. FTX’s bankruptcy is a perfect example of this.

Several lawyers of the firm representing different practice areas and legal fields have decided to clarify what exactly is tokenization (part I) and its legal ramifications as they appear today (part II) so as to introduce a few case studies (part III).

To read our white paper “The tokenization of assets”, please click here.

Contents:

1. Technical concepts explained

• Blockchain
• From blockchains to crypto-assets
• The legal regime of crypto-assets
• Focus sur les crypto-monnaies
• Comparison of crypto-assets with other related legal concepts
• NFTs

2. Legal regimes, state of the art

• The legal regime applicable to the issuance of tokens today
• Tomorrow’s legal regime applicable to the issuance of tokens
• Today and tomorrow’s regulatory framework applicable to DASPs
• Tokenization of real estate assets
• Blockchain and GDPR
• Initial Coin Offerings (ICO)
• Security Token Offerings (STO)
• A few thoughts on tax related matters
• Do digital assets survive death ?

3. Case studies

• Example of platforms offering to purchase tokenization real estate
• Example of a fantasy football platform
• Carbon trading platforms

To read our white paper “The tokenization of assets”, please click here.