Collateral Tokenisation: USD 360m ROI and the road to 2026
What will it take for tokenised collateral to move from business case to live operational workflow?
In Partnership with
Tokenised collateral is no longer being discussed only as a future-state concept. Firms are now asking what it will take to integrate it into live workflows, manage risk in practice and turn potential efficiency gains into measurable outcomes.
Speakers

Adrian Dale
Head of Regulation and Market Practice
ISLA
Amy Caruso
Head of Collateral Initiatives
ISDA
Barnaby Nelson
Chief Executive Officer
The ValueExchange
Sophie Marnhier-Foy
VP, Product Strategy, Head of Digital Asset Solutions
Nasdaq
Steve Everett
Chief Commercial Officer & Head of Post-Trade Innovation (TMX)
ISSAWhat has to be in place before tokenised collateral can scale in production environments? How are firms balancing the commercial opportunity against the operational, regulatory and infrastructure realities of implementation?
This session brings together Adrian Dale of International Securities Lending Association (ISLA), Amy Caruso of International Swaps and Derivatives Association (ISDA), Steve Everett of International Securities Services Association (ISSA), Sophie Marnhier-Foy of Nasdaq and Barnaby Nelson of The ValueExchange to explore what the next phase of adoption could look like across collateral, automation and market structure.
The session, produced in partnership with Nasdaq, ISLA, ISDA and ISSA, highlights:
What underpins the return on investment case, including the reported US dollar (USD) 360 million opportunity
Why automation and process foundations need to be stronger before tokenisation can scale
How sandbox environments are helping firms test legal, operational and technical models
What regulators are doing to support more practical market adoption across jurisdictions
Why 2026 may focus more on workflow integration than stand-alone experimentation
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