Fintech/Virtual Assets
[Webinar] Tokenisation and Stablecoins: Building the Next Generation of Financial Market Infrastructure
Overview
As digital assets continue to mature, attention is increasingly shifting from cryptocurrency trading towards the transformation of financial market infrastructure. This session examines two of the most significant developments in this evolution: tokenisation and stablecoins. Participants will explore how traditional financial assets are being represented in digital form, the practical use cases emerging across capital markets, and the role stablecoins may play in payments, settlement and liquidity management. The session will also examine current regulatory developments, market challenges and opportunities, and the implications for financial institutions, market participants and investors.
Content
Part I – Tokenisation: From Concept to Commercial Reality
• What tokenisation is — and is not
• Difference between cryptoassets and tokenised financial assets
• Why financial institutions are pursuing tokenisation
• Key use cases
• Operational benefits and efficiency gains
• Custody, ownership, liquidity and interoperability considerations
• Lessons from successful and unsuccessful tokenisation initiatives
• Hong Kong's role in the development of tokenised markets
Part II – Stablecoins: The Settlement Layer for Digital Markets
• What stablecoins are and how they differ from other virtual assets
• Stablecoin models and market evolution
• Why stablecoins have achieved significant adoption
• Key use cases
- Payments
- Treasury management
- Cross-border value transfer
• Stablecoins as a settlement asset for tokenised markets
• Risks, controls and lessons from market failures
• Hong Kong's stablecoin regime and global regulatory developments
• Future opportunities and market developments
Who should attend
This session is suitable for investment, risk, compliance, legal, operations and management professionals who wish to understand the practical applications of tokenisation and stablecoins, recent regulatory developments, and their potential impact on financial markets and financial institutions.
Speaker/Course Instructor
Donald is also a co-founder of the Hong Kong chapter of CFAAR, a not-for-profit organisation that provides education, guidance and thought leadership to legal professionals and the wider market on crypto fraud, digital asset disputes and asset recovery.
Before joining VDX, Donald served as Senior Manager and Subject Matter Expert for Digital Assets at the Securities and Futures Commission of Hong Kong. In that role, he helped shape Hong Kong’s regulatory framework for virtual asset fund managers and virtual asset trading platforms, including relevant regulatory requirements, licensing conditions and supervisory practices. He also led the supervision of virtual asset fund managers and virtual asset trading platforms.
Prior to the SFC, Donald co-founded Bletchley Park Asset Management, where he was Partner and Chief Technology Officer. He helped establish the firm’s trading infrastructure, custody arrangements, treasury operations and international operating setup, including offices in Hong Kong and Jersey. He also led systematic portfolio management and automated arbitrage strategy development.
Earlier in his career, Donald worked across both buy-side and sell-side capital markets roles, including as a Quantitative Strategist and Trader at Deutsche Bank and in business management and technology roles at Segantii. He began his career at Accenture, where he was a Manager in the Capital Markets practice and designed trading and market infrastructure systems for global exchanges across Europe and Asia-Pacific.
Donald holds an MBA in Finance from London Business School and a Master’s degree in Computer Science, with a focus on Artificial Intelligence, from Ludwig Maximilian University of Munich. He has also taught courses on FinTech, RegTech and digital asset regulation at The Chinese University of Hong Kong.