YEREVAN, March 16. /ARКА/. Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).
“This is a tool that opens access to investment not only for large capital, as we are accustomed to, but also for ordinary people who were previously practically cut off from the market for high-quality assets, especially international ones,” he said during the panel discussion “Digital Finance, AI & Market Infrastructure” at the fourth Capital Markets Armenia forum, organized by Cbonds.
In this regard, he noted the importance of tokenization for Armenia, as the country has good projects that require capital.
“There are a large number of people who are ready to invest, but they don’t have sufficient funds to enter into a major asset directly. In our view, tokenization solves this problem. “It can combine small investor capital with real assets and real businesses,” he explained.
According to him, the diaspora, which is quite actively seeking to invest in Armenian and international projects, could be involved in the investment process.
Vartanov called the “Law on Cryptoassets” adopted in Armenia an important step in the regulatory infrastructure, although it still needs some revision.
He noted that tokens may represent more than just an empty promise, but rather the tokenization of assets—that is, the transformation of real assets such as real estate, businesses, cash flows, legal structures, platforms, and others—into digital tokens.
“And because of this, I think Armenia can become a major part of the new global asset ownership architecture that will come anyway,” said the head of BlackRiver Capital.
