Cryptoverse: 'It's a knife fight' as traders get tokenized

FILE PHOTO: A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photo

(Reuters) - Bitcoin? It's a bit old hat, say a cohort of crypto investors who are betting on blockchain technology breathing new life into traditional assets.

As crypto prices see-saw ahead of their next swerve, the market for "tokenization" - issuing blockchain-based digital tokens that represent assets from bonds to stocks and real estate - may finally be reaching a critical mass.