Sunday, November 1, 2026Follow @tokenshares ↗
TokenShares
The Institutional Record of Tokenization
The Library

Knowledge Center

The Essential Library of Institutional Tokenization

Authoritative research, regulatory publications, education and case studies on how tokenization is changing financial markets — each credited to its publisher and linked to the original source.

Featured Research
Start Here

New to tokenization?

Begin with the first pathway, then move through assets, infrastructure and regulation. Each pathway runs from accessible reading to more technical material. The glossary below defines the core terms.

Explore the Library
The Collection

Browse by Subject

14 of 14 resources
Research & Papers · Policy Note

Tokenized Finance

International Monetary Fund, 2026

An IMF Note examining tokenized finance as a development in the structure of the global financial system, from the perspective of an international monetary institution.

Macro-financialMarket structureFinancial stability
IntermediateFreeGlobalOriginal source ↗
Regulation & Standards · Regulatory Statement

Statement on Tokenized Securities ↗

U.S. Securities and Exchange Commission, 2026

A staff statement from the SEC's Division of Corporation Finance addressing tokenized securities under U.S. federal securities law.

Securities regulationTokenized securities
IntermediateFreeUnited StatesOriginal source ↗
Research & Papers · Institutional Report

The Next-Generation Monetary and Financial System

Bank for International Settlements, 2025

A chapter of the BIS Annual Economic Report 2025 setting out the central-bank community's view of how tokenization could shape the future monetary and financial system.

Unified ledgerCentral bank moneySettlementStablecoins
AdvancedFreeGlobalOriginal source ↗
Regulation & Standards · Institutional Report

Tokenization of Financial Assets

International Organization of Securities Commissions, 2025

A report from the global body of securities regulators considering tokenization of financial assets through the lens of investor protection and market integrity.

Securities regulationInvestor protectionMarket integrity
IntermediateFreeGlobalOriginal source ↗
Case Studies · Initiative · Ongoing

Project Guardian ↗

Monetary Authority of Singapore

MAS's collaborative initiative with industry and fellow regulators to test the feasibility of tokenized assets and decentralised finance applications in wholesale markets.

PilotsAsset managementInteroperability
IntroductoryFreeSingapore / InternationalOriginal source ↗
Courses & Training · Course

Tokenisation Academy ↗

The Investment Association

An educational programme from the UK investment management trade body on fund tokenization. Check the source for current access terms.

Fund tokenizationEducation
IntroductoryFreeUnited KingdomOriginal source ↗
Lectures & Videos · Video Library

BIS Innovation Hub Video Library ↗

Bank for International Settlements

Recorded presentations and explainers on BIS Innovation Hub projects, many of which concern tokenization and settlement.

Central bank projectsPresentations
IntermediateFreeGlobalOriginal source ↗
Case Studies · Initiative · Ongoing

BIS Innovation Hub ↗

Bank for International Settlements

Overview of the BIS Innovation Hub, which runs central-bank technology projects, several of them on tokenization and settlement.

Central bank projectsSettlementResearch
IntroductoryFreeGlobalOriginal source ↗
Reference

Glossary

Tokenization
Representing ownership of an asset or claim as a digital token on a programmable ledger, so it can be issued, held and transferred on that ledger.
See: Tokenized Finance
Real-world asset (RWA)
A conventional financial or physical asset, such as a Treasury bill, fund share or property, whose ownership is represented by a token.
Tokenized security
A security whose ownership is recorded or transferred using a token. It generally remains subject to securities law.
See: Statement on Tokenized Securities ↗
Tokenized deposit
A commercial bank deposit represented as a token, remaining a liability of the issuing bank.
See: The Next-Generation Monetary and Financial System
Stablecoin
A token designed to hold a stable value against a reference asset, usually a fiat currency, typically issued by a non-bank.
Delivery versus payment (DvP)
A settlement arrangement in which an asset is delivered only if payment is made, removing the risk that one leg settles without the other.
Atomic settlement
Settlement in which linked transfers either all complete together or none do.
Unified ledger
A BIS concept of a shared programmable platform bringing central bank money, tokenized deposits and tokenized assets together.
See: The Next-Generation Monetary and Financial System
Interoperability
The ability of separate ledgers or platforms to exchange assets and data with each other and with existing systems.
See: Building the Path Towards Digital Asset Securities Interoperability ↗
Financial market infrastructure (FMI)
Systems such as central securities depositories, clearing houses and payment systems that clear, settle and record transactions.
Custody
Safekeeping of assets on behalf of their owners; for tokens, this includes controlling the keys that authorise transfers.
Settlement finality
The point at which a transfer becomes irrevocable and unconditional.

Inclusion does not imply endorsement by, or any relationship with, the publishing institution. Descriptions are TokenShares' own; consult the original source for authoritative content.