Beyond Issuance: Building Liquidity between Secondary Markets
Overview
The next critical challenge after tokenization is building liquidity, between issuers and trading venues.
Unlocking broader investor participation requires a focused shift toward secondary markets that are regulated, interoperable, and standardized.
This intimate, invite‑only gathering brings together traditional finance and digital‑native market participants, infrastructure providers, and ecosystem leaders to progress collectively as an industry group.
Hosted by GRADE Alliance, alongside EVOLVE, and HydraX, the session will explore the practical realities of launching, operating, and scaling compliant secondary trading venues, complemented by the publication of a new industry paper outlining why this market layer is essential for institutional participation and sustainable long‑term market growth.
Event Run‑Down
4:30 PM
Welcome & Host Introduction (EVOLVE)
4:35 PM
Introducing GRADE Alliance
4:45 PM
Paper Introduction
The genesis of the paper; observed friction, impact, approach to thought leadership, why now, the Eligibility Passport
4:55 PM
Panel Discussion: Deep Dive - Making Secondary Markets Work the path from issuance to active secondary trading; Operational challenges, liquidity formation, compliance
Panelists: Andrew (GRADE), Mark (HydraX), Scarlett (Evovle RWA), Joy (Clarient)
Moderator: Ash
5:10 PM
Networking & Informal Discussions
About EVOLVE RWA
EVOLVE is a pioneer tokenization platform that bridges traditional finance and DeFi by bringing real‑world assets on‑chain. It transforms traditionally passive capital into actively managed, tokenized portfolios across private credit, commodities, green energy and other asset classes, offering direct access to on‑chain yield‑generating opportunities through a range of RWA tokens tailored to different investor risk appetites.
About the GRADE Alliance
The Global Regulated Asset & Digital Exchange Alliance (GRADE) is an invite-only coalition of regulated trading venues, custodians, and market participants working to simplify cross‑border listings for tokenized financial instruments. GRADE coordinates a single issuer intake, generates venue‑specific eligibility outcomes, and distributes continuous, event‑driven updates – improving comparability and speed while preserving venue autonomy. Our purpose is practical: lower friction, faster time‑to‑listing, better market quality, and a common information baseline that adapts as regulations evolve.
About Hydra X
Hydra X is a regulated capital markets infrastructure company, developing technology and financial services to power the next generation of tokenized financial markets. Its comprehensive solutions span the entire capital markets lifecycle, from securitization, primary issuance and secondary trading, to custody and settlement.
As a regulated digital asset custodian licensed by the Monetary Authority of Singapore, Hydra X provides institutional-grade custodial services for a broad range of digital assets.
About Particula
Particula is the prime rating provider for digital assets, transforming on- and off-chain data into actionable insights. The company delivers next-generation risk ratings and comprehensive analyses, across issuer and counterparties, issuance structure, technical implementation and underlying risk – providing the clarity and confidence needed to navigate the complexities of digital finance.
Find us on
X | https://x.com/EVOLVEMilegreen
TG | https://t.me/EVOLVEMilegreen