We explore the modernization of capital markets through Distributed Ledger Technology (DLT), focusing on Real-World Asset (RWA) tokenization, Digital Bonds, and atomic settlement frameworks.
Tracking the regulatory sandbox environment granting exemptions to MTFs and CSDs utilizing DLT for trading and settlement of tokenized financial instruments.
Analyzing the structuring, legal validity, and secondary market liquidity of native digital bonds issued on public and private blockchains.
Researching the standardization of bringing off-chain assets (real estate, private credit, treasuries) on-chain via legal wrappers and oracle streams.
Modeling the cost reductions and capital efficiency gains achieved through atomic settlement (T+0) and the elimination of central counterparty clearing (CCP) silos.
Analyzing the issuance of EUR CoinVertible (EURCV) and digital green bonds on public Ethereum, testing the boundaries of MiCA and DLT Pilot Regime interoperability.
Evaluating the Depository Trust & Clearing Corporation's experiments with institutional subnets to streamline the settlement of tokenized funds and repo transactions.
Reviewing the €60 million digital bond issuance on Polygon under the German Electronic Securities Act (eWpG), highlighting the elimination of central depository requirements.
Institutional Indexing & Research Visibility
Digital Object Identifier (DOI): 10.5281/zenodo.dcm.research.2026.13