**Regulatory clarity continues to pose a significant challenge for the widespread adoption of asset tokenization and decentralized finance (DeFi)**
Asset tokenization, which involves converting physical assets into digital tokens, has the potential to revolutionize the way we invest and trade assets. However, the lack of a robust infrastructure and regulatory framework has impeded its progress. This issue has been hindering the next generation of securities and asset tokenization worldwide, according to Larry Fink of BlackRock.
Well, if the NexeraID can be implemented, I don’t think that would be much of a problem IMO.