Rachel Anderika

While TradFi and crypto leaders seek regulatory “clarity,” that alone isn’t enough, particularly for financial institutions. As tokenization, on-chain settlement, and programmable finance move from pilots to production, the crucial factor for TradFi leaders will be their execution capability: operating models, talent authority, cultural readiness, and strategic clarity that allow them to establish durable, profitable positions in the native conditions of on-chain finance over the next three years.

The panel discussion will focus on what must change inside traditional financial firms to compete with native on-chain players and fast-moving incumbents, including:

• What changes once regulatory “permission” is no longer the bottleneck?
• Which firms are still hiding behind regulatory uncertainty as an excuse for inaction?
• How much regulatory clarity is enough to move real capital on-chain?
• Why quarterly roadmaps fail in 24/7, real-time markets.
• What has to break (processes, controls, approvals) to ship on-chain products.
• Can TradFi genuinely iterate in public — and should it?
• Why crypto expertise without decision-making power doesn’t execute.
• Where TradFi org charts quietly kill on-chain momentum.
• What governance models actually work for on-chain business lines.
• Why “digital asset divisions” often become organizational dead ends.
• How treasury, risk, compliance, and ops must change for atomic settlement.
• When permissioned chains help — and when they slow you down.
• How on-chain transparency changes risk management and reputation.
• Why do you exist on-chain? Issuer, liquidity provider, infrastructure, risk wrapper—pick one.
• Why “tokenization strategy” is not a business model.
• How native players are defining the rules faster than incumbents.
• What will be considered a failed digital asset strategy in hindsight?