What are the potential risks and challenges associated with asset tokenization?

Asset tokenization is an exciting innovation, but like any new tech, it comes with its own risks and challenges. One big concern is regulatory uncertainty—different regions have different rules, which can create confusion. Security is another key issue; ensuring tokenized assets are protected from cyber threats is critical. Then there’s the challenge of standardization, which is where frameworks like ISO/IEC 38500 Foundation come into play. It provides valuable guidance for governance and decision-making in IT, helping organizations tackle these challenges more effectively.