Tokenized… But Not Usable: The Missing Collateral Layer in Digital Finance

As financial systems become increasingly digital, more assets are being represented electronically — yet many remain underutilized in financing workflows. This session explores the shift from asset digitization to asset utilization, focusing on the role of collateral in enabling lending, liquidity, and capital efficiency. It highlights why many assets today are not easily usable for financing, the structural challenges behind this, and how financial institutions are evolving to integrate collateral more effectively into their systems.