tokenization
noun
to·ken·i·za·tion
ˌtō-kə-nə-ˈzā-shən
: an act or instance of tokenizing (someone or something) : the action of making someone or something into a token: such as
a
: an act or instance of including someone in a group as part of a symbolic effort especially to increase diversity (see diversity sense 2)
Students talked about … tokenization in terms of how it feels when someone is the only person from a specific demographic in the class.—Zareen Syed
b
: the process of converting something into units of cryptocurrency
Thus real-world asset tokenization refers to when companies or investors opt to track, hold, and trade assets such as bonds, stocks, real estate, or vehicles via a blockchain for the sake of easier handling.—Alex Carchidi
Cite this Entry
“Tokenization.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tokenization. Accessed 31 Aug. 2026.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
