Navigating Decentralized Finance

Navigating Decentralized Finance – From Blockchain to Crypto Assets and Tokenization provides a comprehensive, structured approach to understanding how blockchain and distributed ledger technology (DLT) are reshaping the financial ecosystem. Combining foundational knowledge with advanced analysis, this textbook bridges complex concepts with clarity, offering an indispensable resource for students, scholars, and industry professionals. Beginning with the technological underpinnings of DLT, the text examines critical milestones and innovations driving decentralization in finance. It systematically explores prominent crypto assets, smart contracts, tokenization, central bank digital currencies (CBDCs), stablecoins, nonfubigle tokens (NFTs), and some of the underlying regulatory frameworks. Readers gain a nuanced understanding of the decentralizede Finance (DeFi) landscape, supported by practical case studies and balanced insights into how traditional financial institutions are adapting to these disruptive technologies - and how regulators are responding across different jurisdictions.