# Tokenized Equity
**Domain:** Securities / Digital assets
**Doc Type:** Developed Wiki Node
**Maturity:** Developed
**Collection:** [[collections/Gamification|Gamification Collection]]
## Definition
**Tokenized equity** is an ownership interest whose record, transfer, or economic representation is implemented using a tokenized ledger. The token does not erase the legal character of the underlying interest; securities, custody, identity, and transfer rules still govern it.
## Significance
Within the collection's progression from prediction to capability discovery, tokenized equity marks the point where attention or forecast becomes capital exposure. It should remain distinct from [[wiki/Fan Token|fan tokens]], reward points, and non-equity governance tokens.
## Sources
- [[articles/gamification/Lex Sportiva and Winning Without Bloodshed|Lex Sportiva and Winning Without Bloodshed]]
- [SEC FinHub](https://www.sec.gov/about/divisions-offices/division-corporation-finance/finhub)
## Routes
[[wiki/Fan Token|Fan Token]] · [[wiki/Governance Token|Governance Token]] · [[wiki/Resource Allocation|Capital Allocation]] · [[wiki/Cryptoeconomic Settlement|Cryptoeconomic Settlement]]