Financial Infrastructure
Knowledge Base
Markets
What Is Asset Tokenization and Why Does It Matter for Financial Infrastructure?
How blockchain converts stocks, bonds, and securities into digital tokens—and why regulatory clarity just made institutional adoption viable.
Markets
The Unraveling: Wall Street’s Market-Making War Reaches Tipping Point
As Citadel Securities pushes deeper into bank territory and JPMorgan fortifies its defenses, the once-symbiotic relationship between traditional lenders and electronic traders is fracturing into open competition for control of market infrastructure.