Tokenization & Blockchain

BIS - The Evolution of Financial Marke t Infrastructures in a Tokenized Economy (Jul 2026)

Examines how tokenization and DLT could reshape financial market infrastructures across issuance, clearing, settlement, and reporting. It argues FMIs will be reconfigured, not replaced, with a hybrid model combining on-chain automation and institutional oversight to manage legal, governance, and operational risks.

Topics: payments, tokenization, regulation, settlement, risk

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