What is tokenization, and how does it benefit global retail investors?
Replied byMike Novogratz
Founder & CEO at Galaxy Digital
Niche: Finance
Revenue: Not Publicly Disclosed/month
Location: New York City, New York, United States
Started: 2018
Tokenization digitizes real-world assets like equities on the blockchain. Since six billion people globally lack access to brokerage accounts, tokenized equities allow international retail investors to buy fractional shares of major American brands like Apple 24/7.
0
From the Full Interview
This answer is part of a full interview with Mike Novogratz, Founder & CEO at Galaxy Digital.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Mike Novogratz's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
What does it take to maintain America's global leadership?
By Jamie Dimon
Finance
$1M+/mo
What was your worst historical investment experience, and what risk management lesson did it impart?
By Sir Paul Marshall
Finance
Not Publicly Disclosed/mo
How does Tyme Group's retail partnership model help extend banking services?
By Coen Jonker
Finance
Not Publicly Disclosed/mo
What does owning the full stack look like operationally at Corgi?
By Emily Yuan
Finance
Approx. $3.3 Million/mo
What are the cumulative net gains that Bridgewater Associates has delivered for investors?
By Ray Dalio
Finance
Not Publicly Disclosed/mo
What is the big cycle and how does it connect politics, debt, and conflict?
By Ray Dalio
Finance
Not Publicly Disclosed/mo
What tectonic geopolitical developments could suddenly disrupt the global market?
By Jamie Dimon
Finance
Approx. $15 Billion/mo