Tokenisation Takes the Stage at Finticipate Conference in Belgrade

The Finticipate Conference in Belgrade once again brought together leading experts, policymakers and industry representatives to discuss the future of digital finance, blockchain and tokenisation. The event, organised by New Angles Consulting, provided an important platform for exchanging ideas on how emerging technologies are reshaping financial markets across Europe and the Western Balkans.

During the panel discussion on tokenisation, moderated by Anina Milanović, experts Nena Dokuzov, Ognjen Popović, Nikola Klak and Tanja Bivic Plankar explored the opportunities and challenges that accompany the rapid development of tokenised assets and blockchain-based business models.

One of the key conclusions was clear: tokenisation has moved into the mainstream. With the implementation of the Markets in Crypto-Assets (MiCA) Regulation across the European Union, the regulatory landscape has entered a new phase. While MiCA has, to some extent, provided legal certainty for many market participants, its implementation has also revealed unexpected developments, including instances in which major trading platforms that announced MiCA licences ultimately did not complete the licensing process.

The discussion also highlighted the opportunities offered by alternative regulatory environments. Serbia and Bosnia and Herzegovina are actively exploring approaches that could foster innovation, including the development of pilot environments for blockchain projects and real-world tokenisation use cases.

One particularly significant announcement concerned Serbia’s plans to enable the tokenisation of ownership interests in limited liability companies (LLCs), representing a step towards integrating blockchain technology into corporate ownership structures. In addition, Nena Dokuzov presented plans for a regional DLT Sandbox, which is being developed to provide companies with a controlled environment for testing tokenised business models and innovative blockchain solutions.

Throughout the discussion, Tanja Bivic Plankar, the representative of Blockchain Alliance Europe, emphasised that continuous dialogue between regulators and the blockchain industry remains essential. Regulatory certainty, combined with open collaboration between policymakers and innovators, will be critical for unlocking the full potential of tokenisation and ensuring that innovation can flourish. 

Continued discussion and education will be essential to support responsible innovation and realise the long-term benefits of blockchain technologies for businesses, investors and society.