New Delhi, June 6 -- If you're curious about how technology has transformed the asset management industry over the years, brace yourself-there's more! The tokenization of funds is poised to drive another revolution in the industry, much like the rise of ETFs marked a major shift not long ago. Here's what you need to know about tokenized fund investments and whether it is threat to the ETF and mutual fund markets.

Tokenization is the process of creating a digital representation of a real thing, as Mckinsey describes the process.

Meanwhile, tokenisation of funds is the process of representing shares in a traditional investment vehicle-such as a mutual fund, ETF, or private equity fund-as digital tokens on a blockchain. Each token represen...