At WAIB Summit 2026 in Monaco, Franklin Templeton and BNP Paribas framed tokenized assets and stablecoins as levers to lift Europe’s capital efficiency, arguing they can streamline settlement and improve collateral mobility. See coverage here: Source.
Rafael Mastroberardino, Head of Digital Assets Partnership Development at Franklin Templeton, emphasized that tokenization provides 'optionality and flexibility' for banks and corporate treasuries, a view echoed by Julien Clausse of BNP Paribas CIB, who said hosting multiple asset types on the same chain unlocks new institutional use cases if interoperable.
Discussion also surfaced the US banking side, with JPMorgan Chase, Citigroup, and Bank of America reportedly planning a tokenized deposit network for launch in the first half of 2027. See more here: reportedly planning a tokenized deposit network.
Canton Network, the privacy-enabled institutional ledger from Digital Asset Holdings, sits at the center of this momentum. The project is backed by major institutional players and has reportedly moved into advanced funding talks led by a16z crypto. Digital Asset Holdings, the Canton Network developer, is backed by major institutional players and has been in advanced funding talks led by a16z crypto.
Canton Network has processed or issued over $6 trillion in tokenized assets to date, drawing participants like BNY Mellon, Goldman Sachs, and Visa. This scale underscores how tokenization-based collateral mobility could support more flexible cross-border activity within regulated rails.
Taken together, tokenization-enabled collateral mobility could speed cross-border transfers and reduce settlement lags, lowering liquidation risk in volatile markets. The broader implication is that banks could keep collateral and client deposits within regulated on-chain environments rather than pushing into unregulated wrappers. Assetify angle: Tokenization-enabled collateral mobility could reshape cross-border lending in Europe, contingent on interoperable privacy-enabled ledgers.