Welcome to our Blog
Here you’ll find insights, opinions and musings that will help you understand who we are, what we are doing and why it matters.
4 June 2025
Tokenovate Response to HMT Consultation
Date: 22nd May 2025 Tokenovate Response to HMT Consultation on the Draft Financial Services and Markets Act 2000 (Regulated Activities and Miscellaneous Provisions) (Cryptoassets) Order 2025 Tokenovate welcomes the opportunity to respond to HM Treasury’s consultation on the draft Cryptoasset Statutory Instrument (the SI). As a UK-based start-up building digital financial infrastructure, Tokenovate…
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27 May 2025
Response to CFTC’s Request for Comment on Trading and Clearing Derivatives on a 24/7 Basis
The Honourable Caroline D. Pham Acting Chairman Commodity Futures Trading Commission Three Lafayette Centre 1155 21st Street, NW Washington, DC 20581 Date: 19th May 2025 Re: Request for Comment on Trading and Clearing Derivatives on a 24/7 Basis Dear Acting Chairman Pham, Tokenovate appreciates the opportunity to respond to the Commodity Futures…
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16 May 2025
A New Giovannini Moment for European Capital Markets?
Tokenovate’s Response to the Draghi Report and the European Commission’s Savings and Investments Union Proposal. Earlier this year, Richard Baker, Founder and CEO of Tokenovate, and Ciarán McGonagle, Chief Legal & Product Officer, met with senior members of the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) in Brussels. Over…
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1 May 2025
From Mirror to Engine: Operationalising CDM
Understanding How the Common Domain Model Enables Post-Trade Automation If you’ve spent any time in capital markets or post-trade infrastructure, chances are you’ve heard of the Common Domain Model (CDM). It’s one of those industry standards that gets mentioned in white papers, working groups, and strategy decks. But what does it actually do, and…
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15 April 2025
Tokenovate’s DIGIT response
Modernising capital markets Tokenovate is pleased to have submitted its formal response to the UK Government’s Digital Gilt Instrument (DIGIT) Pilot. This timely and important project aims to enable the Government to explore how distributed ledger technology (DLT) can be applied across the lifecycle of the UK sovereign debt issuance process, and catalyse the…
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13 March 2025
Launch of the Living Lab
The Living Lab is an interactive workshop project created by Tokenovate in collaboration with The Investment Association and ISDA. The goal of the Living Lab is to demonstrate the benefits and opportunities of using FINOS Common Domain Model and Blockchain. Attendees received a hands-on experience of using public blockchains versus private blockchains, and understand the…
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10 March 2025
Digital Assets: Schrödinger’s Property?
Written by: Ciarán McGonagle Ciarán McGonagle is Tokenovate’s Chief Legal & Product Officer, developing blockchain and smart contract-based solutions for financial markets. Previously, he was Assistant General Counsel at ISDA, Vice President at Deutsche Bank, Associate at Morgan Stanley, and trained at Allen & Overy after earning a Law degree at Queen’s University Belfast. Andrei…
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