From:
Columbia Business School’s Shivaram Rajgopal wrote in Forbes about how tokenization could address longstanding challenges in corporate finance, particularly the “conglomerate discount.” Rajgopal argued that emerging blockchain-based systems may allow companies or exchanges to tokenize individual business units, enabling more precise valuation and improved capital allocation. His analysis highlights how tokenization could reshape corporate structure, enhance transparency, and provide investors with more granular insight into firm performance.
