# ii. Tokenization Models & Structures

Tokenization models and structures define how real-world assets are represented, segmented, and governed using digital tokens. These structures determine what rights are conveyed, how value flows, and how ownership, control, and compliance are maintained.

#### **Asset Tokenization**

The process of creating digital tokens that represent economic or legal interests in a real-world asset.

#### **Beneficial Ownership**

The right to economic benefits of an asset, even if legal title is held elsewhere.

#### **Equity Token**

A token representing an ownership interest in an asset or entity.

#### **Fractionalization**

The division of ownership or economic rights into smaller units represented by multiple tokens.

#### **Governance Rights**

Powers associated with decision-making, voting, or control embedded in a token structure.

#### **Issuance Structure**

The legal and technical framework used to create and distribute tokens.

#### **Redemption Mechanism**

Rules or processes allowing tokens to be exchanged for cash, assets, or other consideration.

#### **Revenue Participation**

A structure in which token holders receive a share of income generated by the underlying asset.

#### **Token Supply**

The total number of tokens created and made available under a given structure.

#### **Token Holder Rights**

The specific economic, governance, or access rights granted to token owners.


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