Connecting Tokenized Capital Markets

Tokenized bond and fund issuance is growing quickly, but secondary-market liquidity hasn't kept pace — largely because issuance still sits on separate, platform-specific systems that don't connect to each other.

Interoperability standards exist, but adoption remains voluntary, and what should carry the cash leg (stablecoins, tokenized deposits, or central bank money) is still unresolved. This session brings together issuance platforms, interoperability infrastructure, and standard-setters to discuss what it would take to converge on shared rails, so liquidity can catch up to issuance.