Tokenization of Assets Can Inspire Foreign Investors

Linking the capital market to the crypto market can and will encourage foreign investors to put their money in Iran’s capital market using tokens backed by assets, an official with the Stock Market Research Center said. 
"Tokenization of assets eases foreign investors’ entry into Iranian market because they can use cryptocurrency for purchasing tokens backed by assets. This can help increase investment without any negative impact on traders," Meysam Hamedi, head of the financial instruments department of the research center was quoted as saying by IRIB News.
Referring to the increasing interest of Iranians in investing in cryptocurrencies, he said, "Last year, many investors decided to withdraw money from the capital market and buy crypto assets. Our main goal is to find a way to reverse this trend and support the bourse by drawing on the huge potential of the crypt market.”