Digital Assets

Newly appointed executive previously served as global chief executive of Turquoise at LSEG and held senior roles across BCS Global Markets and ABN AMRO Clearing.  

The collaboration is expected to tackle the fragmentation of collateral and risk workflows across digital and traditional infrastructures and provide a unified framework for clients to scale tokenisation strategies. 

More institutions are expected to join the venue as live market operations progress; news follows FCA authorisation of BPX in June 2025 to operate a regulated marketplace for traditional and tokenised securities. 

European Securities and Markets Authority (ESMA) is wary of tokenisation risks as momentum builds through interoperability, on-chain cash and regulatory frameworks.

The partnership will enable tokenised securities executed on the venues to settle through the distributed ledger-based infrastructure. 

As digital asset adoption accelerates, lessons from traditional markets, particularly around trust and interoperability, will be essential if tokenised markets are to scale successfully, said panellists speaking at the FIX EMEA Trading Conference on Thursday. 

The move is set to align crypto execution with traditional wholesale markets, in a bid to enhance capital efficiency, risk management and institutional confidence.  

New hire has also previously held various senior positions at Cboe Global Markets.  

Claudia Preece sits down with Cheree Dyers, chief executive of Prescient Investment Management at JSE SA Trade Connect 2026, to explore how the buy-side is approaching digital assets and tokenisation and the potential obstacles that may arise from these integrations, as well as how the client mandate landscape is evolving globally.  

Planned DSD aims to link traditional and digital markets, with first phase targeted for 2026 subject to regulatory approval.