Odaily Planet Daily reports that on the second day of Chainlink's annual flagship conference, SmartCon, during the roundtable discussion "Collective Liquidity: Optimizing Liquidity and Efficiency with Intraday On-Chain Solutions," Aviad Stein, Global Head of Digital Asset Solutions at Broadridge Financial, Lamine Brahimi, Co-founder of Taurus, Nadine Chakar, Global Head of Digital Assets at DTCC, and Ryan Rugg, Head of Digital Assets at Citibank, discussed how on-chain tools can unlock dynamic liquidity in the $25 trillion global collateral market, enabling institutions, market makers, and DeFi participants to optimize liquidity in real time.

Taurus co-founder Lamine Brahimi believes, "The first step should be to establish a custody platform, followed by a tokenization platform. The key lies in communication and cooperation between clients, allowing some global fund custodians to trade securities on the secondary market without transferring funds out of the custody platform." Nadine Chakar, Global Head of Digital Assets at DTCC, points out, "This isn't really a technical issue, but a fundamental market structure and trust issue. Issues such as the finality, enforceability, and legal recognition of settlement are particularly important. Although DTCC is collaborating with SWIFT, data standards and regulatory standards are crucial for improving interoperability."

Ryan Rugg, Head of Digital Assets at Citibank, shared Citibank's progress in asset tokenization. She stated, "Citibank will launch the 'Citi Tokenization Service' targeting the four major global currency centers: the US, UK, Hong Kong, and Singapore. More branch and currency tokenization options will be rolled out later this year. Currently, nearly 100 clients are operating on the platform, processing billions of dollars in liquidity daily. While this is still a small percentage compared to Citibank's daily trading volume of $4-5 trillion, it's a good start given the current compliance environment. This service will continue to expand rapidly over the next one to two years."