Blockchain technology has improved and advanced with time, increasing the likelihood that it will eventually prove to be viable for many industries. A recent paper by Boston Consulting Group and ADDX (Paper) examines current crypto market conditions and developments, the application of blockchain technology to illiquid assets, how on-chain tokenization compares with traditional fractionalization, key challenges to the growth of on-chain asset tokenization, and how key stakeholders – including regulators – can assist with progress and growth. This article summarizes the key insights and takeaways from the Paper. See “Privacy and Security Considerations of Blockchain Technology” (Nov. 9, 2022).