Tokens: a nightmare for fiduciaries?
By Damien Black Fiduciaries have their work cut out for them now that stablecoins and tokens are moving into the
Analysis
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The vault opportunity, Coinshares on affluent investors and their portfolios and regional bank blockchains: The Intersection (#33)
Welcome to another weekly letter (#33 for the week beginning Monday, October 12th, 2026) from TheIntersection team. In this issue:
BlackRock tightens grip on stablecoins
by Damien Black BlackRock continues its attritional move into tokenization with its recent bid to target stablecoin reserves. In the
Does tokenization have a liquidity problem?
By Damien Black More than half of $60 billion in tokenized assets are sitting idle on the blockchain and not
UK gold tokens: clever idea or Hail Mary? Plus hard data on illiquid token markets & the SEC's 5-year window: The Intersection (#30)
Welcome to another weekly letter (#30) from TheIntersection team. In this issue: 1. News: SEC gives tokenised stocks a five-
Now CLARITY is dead, what is the future of DeFi regulation?
The CLARITY Act is looking dead in the water, but the issues it set out to resolve aren’t going
On-Chain Equities and Nigeria's $115B Stock Boom
by Abiodun Oladokun Abiodun is a crypto and on-chain research analyst with a specific focus on Africa. Nigeria'
Can On-Chain Equities unlock Nigeria's Stock Boom? Record equity tokens plus UK stocks turned into tokens: The Intersection (#28)
Welcome to another weekly letter (#28) from TheIntersection team. In this issue: 1. News: Payward and LSE look to turn
What can TradFi learn from DeFi?
by John Gray As traditional financial institutions rush to integrate DeFi-native ideas, we unpack the symbiotic relationship between the
SS&C
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SS&C to push deeper into tokens… at some point
by Damian Black Financial and healthcare technology firm SS&C Technologies has declared ambitious plans to allow digital cash
How has Kelp changed the conversation around DeFi risk?
by John Gray A line has been drawn under the Kelp DAO exploit: the post-mortems have been published, the
Cyber risk redux, plus the LSE goes 24/5, but preps for 24/7: The Intersection (#25)
Welcome to the summer double issue (#25) from TheIntersection team - our next issue will be out in two weeks'