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Witit Synsatayakul
Digital & Innovative Finance Specialist
Asian Development Bank
Witit Synsatayakul is a Digital and Innovative Finance Specialist at the Asian Development Bank (ADB). In this role, he supports ADB’s Developing Member Countries in navigating emerging financial technologies.
He has over 13 years of experience in financial sector development. Previously, he served as Deputy Director at the Bank of Thailand, where he led digital and innovative finance initiatives and regulatory work in Thailand, as well as collaborative projects with several central banks across Asia and the Pacific. He has also worked as a Visiting Researcher at the Bank for International Settlements (BIS).
Witit has published extensively on financial technology and financial markets, with contributions to the BIS, ADB, Financial Times, the World Economic Forum, the DC Fintech Conference and leading academic journals. He holds a Master of Science in Economics and International Financial Economics from the University of Warwick.
Speaking At
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9:30–11:00amMon 16 NovPublic-Private RoundtableRoundtable Room 1Open
The Scaling Challenge in Tokenized Markets
Tokenized Markets: Frictions, Choices and the Path to Interoperability
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Alan CroftsHead of Innovation & FintechFMA New Zealand
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Herman SchuellerDirector, Innovation & Technology Risk - SupervisionDubai Financial Services Authority
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Jaime PradenasHead of Financial Technology HubCentral Bank of Chile
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Kushal BalluckSenior Manager, FMI Innovation & Payments PolicyBank of England
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Peter KerstensAdvisor, DG FISMAEuropean Commission
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Tang WeiHead of Public Policy, Southeast Asia & Greater ChinaStripe
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Toh Wee KeeGlobal Head of InsightsKinexys by J.P. Morgan
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Witit SynsatayakulDigital & Innovative Finance SpecialistAsian Development Bank
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Dr. Wong Huei ChingExecutive Director, Digital Strategy & InnovationSecurities Commission Malaysia
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Jael TanHead of Government ProgrammesGlobal Finance & Technology Network (GFTN)Moderator
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Maha El DimachkiChief Executive Officer, GFTN SolutionsGlobal Finance & Technology Network (GFTN)Moderator
About this session
Tokenization projects today are often built vertically, with each initiative solving a specific problem within its own ecosystem. Yet tokenizing an asset in isolation does not deliver the full potential of tokenization. Benefits such as atomic settlement and greater capital efficiency depend on interoperability across the entire transaction chain — from the asset and its supporting infrastructure to trading, settlement and the movement of money. The challenge is how countries and institutions can pursue their own tokenization ambitions while avoiding the fragmentation that siloed approaches risk creating.
This roundtable brings together findings from a year of open-call research, alongside problem statements and perspectives from private-sector practitioners navigating the practical choices, risks and constraints of tokenization. It will explore how a decision-making framework can help countries assess their starting points and ambitions, identify the capabilities required across the transaction chain, and consider different pathways towards more interoperable markets. Looking ahead to 2027, participants will discuss emerging problem statements and the coordination, partnerships and policy support needed to connect individual initiatives into a more coherent financial ecosystem.
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