Roy Choudhury

Managing Director & Senior Partner New York

BCG

Roy Choudhury is a Managing Director and Senior Partner at Boston Consulting Group based in New York, where he leads BCG's Commercial, Corporate and Investment Banking, and Global Markets practice in North America.

Roy is an industry thought leader on the transformative potential of digital assets and distributed ledger technology in financial services, and has supported several leading financial institutions in shaping and scaling their digital assets strategy. He led BCG's collaboration with the World Economic Forum on digital assets, DLT, and the future of capital markets, and with GFMA on central bank digital currencies, the impact of DLT in global capital markets, and a proposed approach for the classification of digital assets. He has also led teach-in sessions on digital assets and stablecoins with financial institution boards and senior management teams.

He leads an industry initiative with 10+ global banks exploring the issuance of a USD stablecoin in 2026. He also supports financial institutions in scaling AI, GenAI, and Agentic AI deployment to drive near-term value through cost and operational efficiency, revenue growth, risk mitigation, and balance sheet efficiency.

Roy led BCG's work with ISDA on "The Value of OTC Derivatives: Empowering Organizations to Manage Risks, Enhance Returns and Optimize Liquidity." He was previously a member of the Alternative Reference Rate Committee (ARRC), where he co-chaired the Operations & Infrastructure Working Group focused on the post-trade life-cycle impact of LIBOR transition across fixed income, derivatives, securitization, and loans. He is a Chartered Accountant and holds an MBA in Strategy and Finance from Melbourne Business School.

Speaking at

4:00–5:30pmWed 24 JunGFTN InsightsRoundtable Room 2, Ground FloorOpen
Blueprint for Digital Assets

Digital Capital Markets: Taking the Stack On-Chain

GFTN InsightsRoundtable Room 2, Ground FloorOpen
About this session
The stock market is going on-chain. The NYSE-DTCC Russell 1000 pilot, the explosion of tokenized Treasuries past $11 billion, and a generation of on-chain private credit platforms are no longer proofs of concept - they are live infrastructure. The question has shifted from whether capital markets can tokenize to how fast the supporting stack - prime brokerage, custody, clearing, compliance, and investor access - can be rebuilt for on-chain settlement.
This roundtable convenes the architects of Digital Capital Markets to map where the infrastructure is genuinely ready, where legacy systems are the bottleneck, and what it will take to move emergent infrastructure from pilots to the primary issuance venue of choice. Participants will examine the impact of specific on-chain mechanics on the next generation stock market, including:
1. how T+0 atomic settlement changes margin and liquidity requirements
2. what fractionalisation does to price discovery and secondary market depth, and
3. whether the current generation of permissioned chain architectures can deliver the throughput and finality guarantees that institutional issuers actually require.
The session will also address the regulatory frontier - jurisdictional recognition of on-chain ownership, the status of tokenized securities under existing market structure rules, and where the gaps between MiCA, the GENIUS Act, and emerging APAC frameworks create opportunities for either arbitrage or paralysis.

Featured speakers

Hosted by

Roy Choudhury

Speaking at

Digital Capital Markets: Taking the Stack On-Chain