Joe Spiro
Digital Assets Product Director at DTCC focusing on tokenization infrastructure, interoperability and collateral experiments such as the Great Collateral Experiment and DTCC tokenization services.
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Feb 23, 2026 • 47min
Tokenization in Derivatives Markets
Joe Spiro, DTCC digital assets product director focused on tokenization infrastructure and interoperability. Sandy Kaul, Franklin Templeton innovation lead working on tokenized funds and on-chain collateral pilots. They discuss tokenization fundamentals, barriers like wallets and regulation, tokenized collateral and repo use cases, standards and multi-chain interoperability, and a realistic multi-year adoption timeline.
