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Sunayna Tuteja

Sunayna Tuteja

Former Chief Innovation Officer

Federal Reserve System

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Sunayna Tuteja is a globally recognized innovation leader operating at the nexus of finance, technology, and policy. She most recently served as the first Chief Innovation Officer of the Federal Reserve System, where she built and led the Fed’s innovation agenda across the 12 Reserve Banks and Board of Governors. Her work focused on both the application of emerging technologies within the institution and assessing the policy implications shaping the future of the financial system - including artificial intelligence, digital assets, tokenization, quantum computing, and the future of money and payments.

With more than a decade of experience as a builder, investor, and operator across TradFi, fintech, crypto, and central banking in North America and Asia, Sunayna is known for helping institutions meet the moment - by solving gnarly problems and translating bold ideas into practical execution, shipped outcomes, and measurable business value. Prior to the Federal Reserve, she built the digital assets practice at TD Ameritrade and led major digital transformation initiatives across TD Bank in both Canada and the United States.

A connector of ideas, individuals, and institutions, Sunayna has spent her career creating the conditions for active engagement between the public and private sectors. Her regularly hosted and curated (and over subscribed!) roundtables have yielded not only a forum for spicy conversations, but also positive connections and productive collaboration. When Sunayna is not nerding out about all things innovation, you can find her adventuring the the skies in her Cessna.

Speaking At

  • 3:00–4:30pmTue 17 NovPublic-Private RoundtableRoundtable Room 4Invite-OnlyModerator

    Tokenized Market Infrastructure – The Scaling Challenge

    Enterprise Tokenized Settlement: Can Convertibility Hold Under Stress At Scale?

    Public-Private RoundtableRoundtable Room 4Invite-OnlyModerator

    About this session

    Tokenized money is going plural — stablecoins and tokenized bank deposits are both moving toward live enterprise use in 2026, but they hold their value at par through different mechanisms, and each faces a different test under stress. Stablecoins hold par through reserves and redemption, now being formalized by 2026 rulemaking, from the GENIUS Act to MiCA; under stress, the question is whether reserves and redemption queues hold up in a run. Tokenized deposits hold par through the existing two-tier banking system and a central bank's guarantee of convertibility, but scale through interbank plumbing that's still being decided — settlement-bank arrangements or shared platforms. Under stress, the question there is whether that plumbing, and the counterparty exposure it creates, holds up if a bank or a platform fails.

    As regulators and participants warned at the Point Zero Forum, the open question is whether convertibility at par survives a crisis in practice, on any of these rails. This session asks what needs to be built at each stage — reserve or capital backing, custody or bank participation, secondary-market trading, and cross-ledger settlement — for that convertibility to hold under stress. It puts reserve-backed and deposit-backed models on equal footing: where each is already resilient, where each is still exposed, and whether a fragmented rails landscape is itself becoming the bigger risk to singleness than any one model's design.