International records / OpenAlex research

Tokenized Assets and Banking Regulation of Deposit Money Banks in Nigeria

This study examined the relationship between tokenized assets and banking regulations of Deposit Money Banks (DMBs) in Nigeria, focusing on Value of Tokenized Asset Transactions (VTAT), Risk-Weighted Asset Exposure to Tokenized Products (RWAETP), Liquidity Coverage Ratio (LCR), and Regulatory Compliance Costs (RCC) between 2015 and 2024. An ex-post facto design was adopted, and secondary data were sourced from the Central Bank of Nigeria (CBN), Nigeria Deposit Insurance Corporation (NDIC), Nigeria Inter-Bank Settlement System (NIBSS), and annual reports of 15 purposively selected DMBs. The dat…