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