Why is tokenisation both relevant and important for the EU?

A German firm, Roland Berger, has recently signed up BBVA, Commerzbank, Deutsche Bank and Santander, together with some large manufacturers such as Daimler Trucks, Renault and Repsol. The initiative, Tokenise Europe 2025, was initially organised by the German banking association but subsequently Spanish, Italian and Liechtenstein banks have joined, alon…