Asset Classes

Developed with a consortium including Barclays, BNP Paribas, Citi and JP Morgan, the platform seeks to streamline cleared and bilateral workflows. 

New hire has worked across pan-European and US equity markets for more than two decades, and previously served at firms including Rothschild & Co, OpenExchange, Mediobanca, HSBC and UniCredit.  

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

The move marks the firm’s first expansion beyond equities and comes five months after the firm received approval from the UK’s Financial Conduct Authority. 

Demand from institutional clients and clearer regulatory frameworks cited as key drivers of changing sentiment, finds a recent report.

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

Appointment comes as the investment bank continues to focus on growing its market share across key asset classes.

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. 

To ensure a smooth delivery of the enhancement, both firms are set to collaborate throughout 2026, with a focus on platform design, testing, migration and participant readiness. 

New hire spent 12 years at T. Rowe Price, specialising in EM local and developed market rates.