Audactus supported the "Tokenization and the Future of Finance" event at the French Consulate of NYC on November 9th
On November 9th, more than 100+ executives from Financial Institutions, Public Authorities and Fintechs gathered at the Consulate of France in New York to discuss how tokenization is reshaping finance.
Here are a few takeaways.
🟩 A vast addressable market. U.S. stock and bond markets are worth $130 trillion, and Europe’s $47 trillion. Tokenized real-world assets stood at $39 billion at the end of September. The base is still tiny, but it has grown from $2 billion at the end of 2023 and is up 51% year to date.
🟩 Liquidity and interoperability remain the challenge. Liquidity remains the main condition for a viable business case. A token can be transferred at any time, including on weekends, but subscriptions and redemptions still depend on the trading hours of the underlying assets. Reaching scale will require connecting marketplaces, central securities depositories and clearing houses.
🟩 What it opens up
Market access: tokenization reaches clients that traditional channels do not serve, such as small corporates with no securities account. Tokenized stocks are the next step toward global access to shares.
Settlement: with atomic settlement, cash and asset swap at the same instant, or not at all. No party has to pay first and wait hours for the other leg, and settlement fails disappear. T+0 becomes the only coherent end point.
Trading hours: tokenized stocks already trade 24/7, while their underlying assets still trade on business hours. Traditional markets are heading in the same direction.
🟩 A business model with few viable use cases so far. Panelists pointed to three areas: repo, where faster settlement and collateral mobility pay off directly, corporate treasury, and wider access to products. Commercial success will also depend on distribution, as tokenized products must be available across the platforms and blockchains that clients already use.
🟩 Forward regulation is Europe’s selling point. Europe offers a clear rulebook and an engaged central bank. The DLT Pilot Regime is set to become permanent with significantly higher thresholds, and ESMA will directly supervise the largest crypto service providers. With Pontes, live since September 2026, tokenized assets can settle in central bank money.
Olivier Priou, Founding Partner at Audactus, moderated the panel 'Tokenized Securities: Redefining Issuance, Ownership and Market Access' alongside distinguished panelists Hubert de Lambilly, Zeke Vince, Antoine Michon, and Mark Kepeneghian.
Audactus was proud to support this event and remains committed to supporting U.S. and European institutions adopt this technology on both sides of the Atlantic.
Thank you to the Direction générale du Trésor, Business France North America, and Embassy of France in the United States for making this event possible, with special thanks to Paul Cassavia and Karine Gresset Cognon, who organized it.
Olivier Priou and Hubert de Lambilly Olivier Priou, Hubert de Lambilly, Zeke Vince, Antoine Michon, and Mark Kepeneghian Participants Participants Participants Olivier Priou, Hubert de Lambilly, Zeke Vince, Antoine Michon, and Mark Kepeneghian Simon Letort and Jean-Jacques Barberis Olivier Priou and Florian Bezault Olivier Priou, Hubert de Lambilly, Mark Kepeneghian, and Antoine Michon
Comments