Franklin Templeton, BNP Paribas see tokenization boosting EU's capital efficiency

Executives from Franklin Templeton and BNP Paribas recently highlighted at the WAIB Summit 2026 how tokenized assets and stablecoins are poised to modernize European capital markets by enhancing liquidity and capital efficiency. By streamlining settlement processes and improving collateral mobility, these digital instruments offer institutions greater flexibility and new cross-border opportunities. This shift is supported by the technical capability of blockchains to host multiple interoperable assets, a feature emphasized by BNP Paribas CIB. Meanwhile, major U.S. financial institutions like JPMorgan Chase and Bank of America are preparing to launch a tokenized deposit network by the first half of 2027. Regulatory momentum is also building, evidenced by the SEC's approval of Nasdaq's tokenized stock trading pilot and the New York Stock Exchange's partnership with Securitize. Furthermore, Digital Asset Holdings recently secured $355 million in funding to expand the Canton Network, which is already being piloted by major global banks. These developments collectively signal a broader institutional transition toward onchain settlement and 24/7 trading infrastructure.