In this episode, Pauline Evstifeeva is joined by Kim Hochfeld, Global Head of Digital and Cash at State Street Investment Management. Kim provides an institutional perspective on the current trends in blockchain adoption within traditional finance and how leading asset managers are strategically approaching digital asset products.
The discussion explores practical use cases for stablecoins as the cash leg in tokenized products and the transformative potential of asset tokenization — with a particular focus on collateral mobility and liquidity management in stress scenarios. Kim also addresses the major hurdles financial institutions face, including regulatory uncertainty, risk and compliance education, liquidity fragmentation, and the complexities of permissioned versus permissionless blockchains and platform interoperability.
Additional topics include jurisdictional regulatory differences, the critical role of mutual recognition and alignment across major markets, and Kim’s view on the future convergence of TradFi and DeFi.
Whether you are a banking leader, asset manager, or fintech professional, this episode delivers grounded, strategic insights into the evolving regulatory and operational landscape of digital assets in traditional finance.
Listen and subscribe for more professional conversations at the intersection of regulation and emerging technologies.
Disclaimer
This material is for general entertainment purposes only, represents a personal opinion of the speakers, and is not intended to address the specific circumstances of any particular individual or entity, and does not constitute or is intended as legal, tax, financial, investment, or any other form of professional advice, or as a financial promotion. It is not intended to, and does not, give rise to any rights or obligations. No warranty is given regarding the quality, accuracy or completeness of the material. No responsibility whatsoever (whether in contract, tort, negligence, statutory duty or otherwise) is accepted by the author, guest, or any affiliated entity for any loss, damage, cost or expense howsoever of any nature arising from its use, directly or indirectly from any reliance placed on this material or from any errors, inaccuracies, or omissions it may contain.



