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Tokenization and Treasury: Practical Opportunities in Liquidity, Settlement, and FX Flows

Tokenization is no longer just a promise: it’s starting to move real money. From tokenized deposits to on-chain settlement experiments, the potential for faster liquidity, lower FX costs, and 24/7 treasury operations is taking shape. Yet adoption remains uneven, with corporate treasurers cautious about regulatory uncertainty, fragmented platforms, and the readiness of custody and interoperability solutions.

This session will ask: where is tokenization already delivering tangible benefits in liquidity, settlement, and FX flows, and where is it still stuck in the pilot stage? Panelists will explore the playbooks and roadblocks shaping adoption, offering a candid look at what’s ready for treasurers and financial institutions now and what must change before tokenization becomes the backbone of global value flows.

Speakers

Laura Loh

Laura Loh

Director, Investment (Blockchain), Temasek

Stephen Richardson

Stephen Richardson

Chief Strategy Officer & Head of Banking, Fireblocks

Burkhard Balz

Burkhard Balz

Member of the Executive Board, Deutsche Bundesbank

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