Digital settlement infrastructure has become a central consideration for institutional investors as markets continue to modernize. Trading innovation attracts attention, but institutions understand that settlement is where risk is resolved…
Much of the discussion around financial innovation has focused on programmable assets. Smart contracts, tokenized securities, and automated corporate actions are often presented as the main drivers of change. While…
Tokenization is often described as a force that will overturn traditional financial markets. This framing misunderstands where real change is happening. Markets are not being replaced at the trading or…