One of the practical applications of distributed ledger technology, or blockchain, is evidencing ownership of assets. So-called “tokenization” or “digitalization” of assets could improve accuracy and accountability; streamline transfers and payment flows; and provide greater liquidity. At the same time, digitalization faces multiple challenges, especially significant regulatory uncertainty. A recent program presented by IFI Global and Jersey Finance examined the current tokenization landscape, its potential benefits, the challenges hindering broader adoption and where tokenization is heading. This article summarizes the key takeaways from the program. See “Landscape of On‑Chain Asset Tokenization & Blockchain Technology’s Path Toward Maturity” (Apr. 13, 2023).