Most conversations about tokenisation in institutional markets focus on the theory or on early-stage fund tokenisation. Fewer asset managers have started building a dedicated digital assets capability, and fewer still are willing to discuss what that journey looks like internally. This interview brings together an established asset manager's head of trading strategy and digital assets lead to discuss what is currently in progress: what the firm is building, how it is shaping product strategy, what it means for clients, and how the trading desk and operational workflows need to change to support it.