Join Monica Summerville, head of Capital Markets, and peers from financial institutions including BNP Paribas Securities Services, Clearstream, Euroclear, DTCC, Fidelity International, FORGE (Societe Generale Group), JPMorgan, Northern Trust, and more, as they assess the current state of the token markets, analyse the current obstacles to growth, explain the many benefits and opportunities that will flow from tokenisation markets as they scale, and itemise the threats that fully realised and liquid token markets pose to incumbents
Event Description: The potential gains from the tokenisation of securities and funds are immense. Governments and corporates would pay less for equity and debt capital. Investors would enjoy higher returns on portfolios that cost less to create and maintain. Asset managers would distribute more profitable individualised savings products to wider audiences at lower costs. Economies would invest more and grow faster. Yet token markets remain stubbornly small even by comparison with the cryptocurrency markets and infinitesimal by comparison with the existing bond, equity and mutual fund markets. So what stands between the status quo and a more prosperous future? The answer is obstructive incumbents, timid issuers and investors, entitled asset managers, cautious regulators, vacillating central banks, leisurely legislators and sectarian blockchain evangelicals.