A FUTURE OF FINANCE WEBINAR ON THE ROLE CSDS COULD PLAY IN DIGITAL ASSET MARKETS
4th December 2020 at 14.00 UK Time
Central securities depositories (CSDs) are in the front-line if, when and as the securities markets are transformed into digital asset markets. In theory, their core functions in issuance, settlement, registration and asset servicing can all be performed more efficiently by blockchain technology. But blockchain is also rich in opportunities for CSDs to accelerate the evolution of the digital asset markets by supplying a much-needed measure of trust. By adopting the new technology they can also enlarge the scope of their existing functions to encompass new asset classes and geographies. Pioneering investments, regulatory and central bank policy changes and secular developments in the capital markets are all conspiring to make a strategic decision by the CSDs more urgent. This Future of Finance panel explores the nature of the threat, the new possibilities created by blockchain technology, and what CSDs should do now.