Speech by Nikhil Rathi, FCA chief executive at TheCityUK dinner, sponsored by Nasdaq. Thank you to TheCityUK and Nasdaq for bringing us together this evening.It’s a fitting venue for us to discuss market transitions: the former HQ of Midland Bank, which of course became part of HSBC.And now HSBC Orion has become the first entrant approved to provide live Digital Securities Depository services.A useful reminder that financial infrastructure never stands still, and neither can we.A few years ago, discussions about digital assets were dominated by the technology itself. Could you tokenise a fund?