Fed's Lisa Cook flags systemic risks from tokenisation

11th May, 2026

Aravind Bulusu

Federal Reserve governor Lisa Cook highlighted potential risks associated with the adoption of tokenisation in the financial system, including redemption risk for tokenised assets and shock transmission within the digital asset ecosystem.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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