Pallavi Thakur is Director of Industry Engagement, Corporate Office at Swift. In her role, she leads engagement with central banks, supranational institutions, and standard-setting bodies on key initiatives including G20 payments, digital currencies, and assets. She represents Swift at CPMI and G20 digital assets industry groups, contributing to discussions shaping the future of financial infrastructure.
With over 20 years of experience across payments, banking, and capital markets—and previously Head of Product for Digital Currencies at R3—Pallavi brings deep expertise in digital payments, financial market infrastructure, and product innovation.
Roundtable Room 2, Ground Floor
Open
The problems that constrain tokenization at scale do not belong to one working group, one institution, or one regulatory perimeter. Cross-ledger settlement, stablecoin licensing fragmentation, FMI readiness in developing markets, and the legal enforceability of smart contracts are structurally connected with each a precondition for the next, each requiring actors across infrastructure and regulation to work from the same evidence base.
This session brings both working groups together for the first time in person. Working Group 1 (Interoperability and Infrastructure) and Working Group 2 (Regulation, Trust, and Governance) will each present their problem statements before presenting to the Oversight Panel. The purpose is to establish shared understanding of the initiative's full scope, test framing with peers who approach the same challenges from different vantage points, and sharpen the asks that each working group will direct to the Oversight Panel in the session that follows.
About the initiative
GFTN has launched _Tokenization in Finance: Evidence and Implementation Pathways_, a structured, multi-stakeholder initiative convening two working groups drawn from leading financial institutions, infrastructure providers, and market participants to assemble a practitioner-oriented evidence base spanning spanning digital money and payment rails through to tokenized real-world assets, securities, funds, and capital markets infrastructure. At Singapore FinTech Festival in November 2026, the initiative will publish a practitioner guide designed to give financial institutions a structured basis for sequencing their digital asset strategies, and to equip regulators and finance ministries in emerging and developing economies with implementation pathways they can draw on directly.