Tokenised collateral is transitioning from experimental phases to becoming a core component of financial market infrastructure, according to Keith Grose, UK CEO of Coinbase. Grose highlighted that central banks' growing interest in tokenisation indicates its integration into mainstream financial systems, particularly in liquidity and collateral management. He noted that 62% of institutions have maintained or increased their crypto exposure since October, reflecting a shift towards operational use of digital assets. Coinbase reports rising institutional demand for services like custody, derivatives, and stablecoins, essential for risk management and daily financial operations. Grose anticipates tokenised assets and stablecoins will become standard tools for liquidity and collateral management by 2026, as infrastructure matures and regulatory clarity improves. He emphasized the UK's regulatory role in facilitating tokenisation growth, particularly regarding stablecoin policies, to foster a liquid, 24/7 tokenised marketplace.