• BBCA

Colored coins & tokens

By: Raffaella Lovati

What is a token?

Crypto tokens are assets created through initial coin offerings (ICO). The owners of these tokens have the right to claim the underlying asset, which may be any real assets, from a house to a commodity, from a fiat currency to a cryptocurrency. These crypto-assets often serve as units for transactions on the blockchain, which keeps track of all the movements of the token.