Franklin Templeton, BNP Paribas See Tokenization Boosting EU Capital Efficiency

Large financial institutions are turning to tokenization to improve capital efficiency and liquidity, industry executives said at a panel at the WAIB Summit 2026 in Monaco. They discussed how tokenized assets and stablecoins could modernize Europe’s capital markets by streamlining settlement, improving collateral mobility and creating new opportunities for cross-border financial activity.

Rafael Mastroberardino, head of digital assets partnership development at Franklin Templeton, said tokenization offers institutions more “optionality and flexibility,” a development driving banks and large corporations to launch their own offerings. Julien Clausse, head of BNP Paribas CIB's tokenization platform, noted that blockchain’s ability to host multiple assets on the same chain could unlock new institutional use cases, provided those assets can interact with one another.

Interest from institutions has accelerated in recent months.

Monaco, Monaco

tokenization, stablecoins, capital efficiency, liquidity, tokenized assets, blockchain, collateral mobility, cross-border, franklin templeton, bnp paribas