Tokenization Digital Securities Awards TADS launched

TADS AWARDS (which stands for “Tokenized Assets & Digitized Securities Awards”) is the world's first annual international award for the asset tokenization and digital securities sectors. It celebrates these industries by recognizing and honoring significant contributions and distinguished achievements worldwide. Hosted annually, TADS Awards gathers together individuals and businesses to share the energy that tokenization brings to the financial markets around the world -- https://tadsawards.org/. 

The World Economic Forum forecasts that by 2027, 10% of the world’s GDP will be tokenized — with an estimated market capitalization of US$24 trillion. TADS Awards nurtures the growth of TADS industries by jointly establishing “best practices” and setting “measuring standards” for high-quality tokenized assets and digitized securities through close collaboration with other industry leaders on the global market. "TADS Awards create important recognition for best of breed ideas and solutions in emerging technologies like Blockchain and Digital Assets. Such a platform not only aids in creating awareness, but also fosters an healthy competitive spirit that is vital for progress and growth of the industry imperatives," said Nitin Gaur, Director of IBM Financial Sciences and Digital Assets at IBM. 

“Tokenization is a futuristic business model, providing a platform for key information exchange, empowering sustainable growth and operational efficiency through digitized and FinTech based incentives," commented Peter Koo, APAC leader of IT & Specialized Assurance, Deloitte Touche Tohmatsu. Martin Sabine, Chairman of Somerley Capital said, “The TADS Awards recognise pacesetters in a breakthrough area of activity which Somerley believes has the potential to disrupt and enhance the provision of financial services.” 

“Asset tokenization is not the future, but the present, It’s happening in front of our eyes. As our industry emerges as a whole, it’s important to recognize outstanding projects and the pioneers behind them, who are paving the way for a more accessible, efficient and transparent financial future,” reflected Emi Lorincz, Board Member of the Crypto Valley Association. 

“As the digital technology flagship of Hong Kong and home to the largest FinTech community with over 360 FinTech companies, we are committed to strengthening Hong Kong’s international finance centre position under the digital economy era," said Peter Yan, Chief Executive Office of Hong Kong Cyberport. He further added, “TADS Awards is a strong impetus in recognising innovative and impactful solutions in the digital asset area. We look forward to seeing winning solutions under TADS Awards being brought to a new stage of development.” 

“Asset tokenization is reinventing capital markets. Digitization of securities can facilitate cross border investment and allow investors to access valuable and unique investment opportunities worldwide. Enterprises are able to access global liquidity at a fractional cost, as  compared to the conventional financial market,” said Mr. Chan Heng Fai, Executive Chairman of American Pacific Bank. 

TADS Awards is co-organized by the Asia Pacific Digital Economy Institute, Coinstreet Partners, Nexchange Group and The STO LAB. The event is proudly sponsored by American Pacific Bancrop and supported by (in alphabetical order) - Association of Family Offices in Asia, Belt & Road TechFin Association, Crypto Valley Association, Deloitte, GlobalSTOX, Hong Kong Blockchain Week, Hong Kong Cyberport, Hong Kong Fintech Week, IBM, KARM Legal Consultants, Korea Blockchain Cooperative, Microsoft, Morningstar, OSL, Paris Blockchain Week Summit, Somerley Capital, West Park Capital.