Tokenovate stories
The appointment comes as the UK fintech seeks more institutional clients for its post-trade and settlement tools, including its Novat protocol.
Funding gaps and manual processing mean most post-trade firms are not yet ready for the UK's faster T+1 settlement cycle.
Its success will hinge on interoperability, resilient operations and matching Europe's pace as tokenised markets move closer to scale.
The hire signals Tokenovate's push to make its post-trade automation platform easier for institutions to deploy at scale.
Tokenovate joins the Bank of England's RTGS Synchronisation Lab to test programmable, tokenised settlement for wholesale markets.
UK capital markets will transform by 2025-26 with tokenisation of settlements and a shift to T+1, boosting liquidity and cutting operational risks.
Tokenovate has bolstered its senior engineering team with four key hires to enhance digital settlement and meet rising client demand ahead of T+1 settlement in 2027.
Tokenovate unveils Novat Protocol, enabling instant T+0 settlement to boost liquidity and cut risks in tokenised asset markets under existing regulations.
Brokers and custodians face pressure to overhaul manual workflows as DTCC’s July 2026 rollout could make tokenised settlement the new market standard.
ISDA and Tokenovate have launched a taskforce to develop open-source automation for post-trade processes, starting with interest rate reset workflows.
