For the past decade, cryptocurrency in the Philippines has centred on digital payments, remittances and trading. The country’s large overseas workforce and growing adoption of digital wallets made it a natural environment for early crypto use cases.

But attention has gradually shifted towards a different application of blockchain technology – tokenisation – exploring how distributed ledger technology can represent traditional financial instruments and rights in digital form. This serves as a technological layer that enhances existing capital markets, including structured finance.

Tokenisation in structured finance explained