- Ideally, absolutely any assets will be tokenized — stocks, bonds, intellectual property, debt obligations, real estate, works of art, investment funds, precious metals — in short, absolutely everything! The main obstacle to mass tokenization of real-world assets is the difficulty of creating understandable algorithms on a legal basis, that is, how all this should be regulated and fit into existing structures. There are indeed many questions, including the need to use intermediaries when creating this bridge from the real world to the digital one. One way to do this is through smart contracts.