With blockchain adoption increasing among traditional financial institutions, integrating this technology into well-established systems brings both potential and obstacles.
Sandra Ro, CEO of the Global Blockchain Business Council (GBBC), recently spoke about these challenges, sharing her perspective on the foundational work necessary for blockchain’s advancement in finance. Ro will expand on these topics at the upcoming Benzinga Future of Digital Assets event.
Connecting Blockchain with Existing Financial Systems
Ro noted that many financial firms are creating tokenized products, such as money market funds and bonds while working to bridge blockchain systems with traditional financial structures.
“Institutions… are leaning into developing tokenized products like money market funds, bonds, and repo,” she stated. According to Ro, these projects aim to make blockchain technologies compatible with each other and with conventional infrastructure, creating a system where these tools can operate across …
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