Location: AA03 Volubilis
Proponents claim that tokenization has the potential to revolutionize trade, finance, supply chains, and intellectual property by enhancing accessibility and liquidity, increasing transparency, and reducing transaction costs. But has the importance of tokenization been exaggerated, and if not, what hurdles should be tackled as a matter of priority to reap the benefits? The panel will bring together legal and industry experts, academia, and key regulators to understand what tokenization is and to delve into the potential and application of tokenization while also addressing the associated risks and legal challenges.
Chief Fintech Officer at the Monetary Authority of Singapore
Sopnendu Mohanty, currently the Chief Fintech Officer at the Monetary Authority of Singapore, is responsible for creating development strategies, public infrastructure, and policies around technology-driven innovation. Mohanty has over two decades of public and private sector experience in technology, operations, digital Finance, and investment strategies. Mohanty extensively engages with global technology and financial services ecosystems and has championed notable collaborative public goods like API Exchange (APIX), Singapore Fintech Festival, Payment Rails, Data exchange platforms, and experimental programs like Project Ubin. In addition, Mohanty advises many international global advisory bodies on Fintech, Innovation and Inclusion. Within five years ofhis leadership, Singapore has become a leading global Fintech hub producing unicorns and home to many vibrant fintech companies.He has co-authored several patented works in the application of digital technology in Finance and won many industry recognitions
Deputy General Counsel of the International Monetary Fund
Yan Liu is a Deputy General Counsel of the International Monetary Fund. Ms. Liu has advised on all aspects of the IMF’s operations, including its surveillance over member countries’ economies and financial and technical assistance to its members. She currently oversees the Legal Department’s work on the development and implementation of the IMF polices on lending, sovereign debt management and restructurings, private sector debt resolution including insolvency and debt enforcement, financial and fiscal law issues, cross border payments, fintech and digital money. Ms. Liu frequently lectures and publishes on the law of the IMF and other issues of international financial law.
Professor for Blockchain and FinTech, University of Basel
Fabian Schär is Professor for Distributed Ledger Technology (Blockchain) and Fintech at the Faculty of Business and Economics at the University of Basel. In addition, he is the Managing Director of the University’s Center for Innovative Finance. He has a PhD in Cryptoassets and Blockchain economics, co-authored the bestselling book “Bitcoin, Blockchain and Cryptoassets”, published by MIT Press and several publications in scientific journals. His research is at the intersection of economics and computer science, with a particular focus on public Blockchains, Cryptoassets and Decentralized Finance protocols. His work has been featured in the Economist, the Financial Times and Forbes, and he has been listed in the NZZ ranking of the most influential economists in Switzerland. He is the organizer of the “Blockchain Symposium”, the “Blockchain Challenge”, member of the organizing committee of a conference with the Swiss National Bank and co-initiator of a project to secure academic credentials on a Blockchain. He spoke at over 100 conferences, including the G20 Global Financial Stability Conference and the G20 Finance and Central Bank Deputies' Conference. Prior to that, he worked as a consultant in various positions at banks and bank-related companies.
President, Payments International
Sunil Sabharwal is a distinguished Financial Services executive, operating his own firm, Payments International. He is currently on the boards of a number of innovative Fintech firms: Thunes, DTOne, EZRA, and Finexio. He is also an adviser to the Blackstone Growth Equity fund and SpiceVC. Latter was the world’s first tokenized fund, launched in parallel with Securitize. He was Chairman of Earthport plc. a regulated cross-border payments company listed on the London Stock Exchange. Under Mr. Sabharwal’s leadership the company was acquired by Visa, and its products today are a core part of Visa Direct. Sabharwal also served as a Senate-confirmed US board member to the IMF across 2 administrations. Upon the completion of his term, he was awarded the Distinguished Service Award, one of US Treasury’s highest recognitions. Prior to setting up his own firm, Mr. Sabharwal had a corporate career with blue chip employers, to include GE Capital, First Data Corporation / Western Union, the European Bank for Reconstruction and Development (EBRD), and Coopers & Lybrand (PWC). Mr. Sabharwal earned his master’s and bachelor’s degrees from the London Business School, and the Ohio State University, respectively.
Co-Head of Global Banking & Investor Solutions, Société Générale
Alexandre Fleury is Co-Head of Global Banking & Investor Solutions at Société Générale and is a member of the Group Executive Committee. Alexandre is the chairman of SG Forge, the fully integrated digital assets subsidiary of Société Générale. Alexandre Fleury has more than 25 years of experience in the Investment Banking industry with an extensive international exposure. Early on, he spent 10 years at Société Générale where he held various trading and management positions in Equity derivatives and Credit derivatives, being based successively in Tokyo, New York and Paris. He then moved on to London, carrying various responsibilities for Credit Suisse and Morgan Stanley. In 2016, he became Global Head of Equities Structured Products and Structured Financing at Bank of America Merrill Lynch. Alexandre returned to Société Générale in 2018 as Global Head of Equities and Equity Derivatives and became Co-Head of Global Markets activities in 2021. Alexandre Fleury is a graduate of the École Centrale Paris in France and holds a Master of Science from the University of California, Berkeley, USA.
Division Chief, Monetary and Capital Markets Department, IMF
Tommaso Mancini-Griffoli is the Division Chief of the Payments, Currencies, and Infrastructure division at the International Monetary Fund (IMF). His work focuses on digital currencies and payments, monetary policy, foreign exchange interventions, modelling, and central banking operations and communication. He has advised country authorities and published widely on these topics. Prior to joining the IMF, Mr. Mancini-Griffoli was a senior economist in the Research and Monetary Policy Division of the Swiss National Bank, where he advised the Board on quarterly monetary policy decisions. Mr. Mancini-Griffoli spent prior years in the private sector, at Goldman Sachs, the Boston Consulting Group, and technology startups in the Silicon Valley. He holds a PhD from the Graduate Institute in Geneva, and prior degrees from the London School of Economics and Stanford University.