How, where and why capital markets are making the most of DLT

Budgets are rising, live activity is increasing, ecosystems are expanding, and firms are focusing on practical use cases that deliver measurable value. Collateral is a clear area of momentum: 27% of firms expect to pledge tokenized securities as collateral by 2027. Tokenized money market funds and bonds are gaining traction for margining, intraday liquidity and more efficient collateral movement.

For many firms, the key barrier is no longer technology readiness, but client and counterparty adoption. As participation broadens, DLT is improving cash and collateral velocity and enabling more connected, efficient post-trade workflows.