How long does it take to tokenize an asset on Immutable X?

The time it takes to tokenize an asset on Immutable X depends on the type of asset being tokenized.

For example, if you are tokenizing a digital asset such as a cryptocurrency, the process can be completed in minutes. However, if you are tokenizing a physical asset such as real estate or artwork, the process can take several weeks or even months. The first step in tokenizing an asset is to create a digital representation of the asset on the blockchain.

This involves creating a smart contract that contains all of the necessary information about the asset and its ownership. Once this is done, the asset must be verified by an independent third-party to ensure that it is legitimate and that all of its details are accurate. This verification process can take anywhere from several days to several weeks depending on the complexity of the asset and its ownership structure.

Once the verification process is complete, the asset can then be listed on Immutable X for trading. This listing process typically takes between one and two weeks depending on how quickly all of the necessary paperwork is completed and submitted. Once listed, users will be able to trade and transfer ownership of the tokenized asset through Immutable X’s decentralized exchange platform.

Overall, it typically takes between one and two months for an asset to be fully tokenized on Immutable X depending on its type and complexity.