
Patrick Hennes: From Fund Chain Pioneer to the Future of Tokenized Asset Servicing
In this episode of the Applied Blockchain Podcast, Adi Ben-Ari (Founder, CEO of Applied Blockchain) speaks with Patrick Hennes, a blockchain and digital assets servicing expert based in Luxembourg, specialising in tokenization, MiCA, and digital asset operating models.Patrick has spent 26 years in Luxembourg's fund industry — from transfer agency and fund migrations to six years as Director at PwC Luxembourg, where he co-founded one of the earliest blockchain initiatives in European asset management. He is a speaker, author, and one of the genuine pioneers of tokenization in the institutional finance world.Together, Adi and Patrick explore, but not limited to:How Patrick first encountered blockchain at a PwC management meeting in 2015 — and what immediately clickedThe Fund Chain initiative: building the first Ethereum-based tokenization pilot for investment funds back in 2016Why digitalization must come before tokenization — and what that means in practice for the full asset servicing value chainThe two missing pieces from the early days: digital custody and on-chain cashStablecoins, deposit tokens, and the payment rail that will finally enable atomic settlementResources Mentioned & Themes DiscussedFund Chain initiative — PwC Luxembourg white paper: "The Genesis of a New Business Model for the Asset Management Industry"Forge stablecoin (accepted as settlement currency by Clearstream)Larry Fink's "era of tokenization of all assets"ERC standards & PolygonDORA, AML directives, MiFID2, GENIUS ActAtomic Habits – James ClearThe 5 AM Club – Robin SharmaThis podcast is brought to you by Applied Blockchain, a leading blockchain development company shaping the future of Web3 infrastructure and privacy-preserving blockchain solutions.Listen & subscribeSpotify ○ spoti.fi/43AjliCApple Podcasts ○ apple.co/4izThbCAmazon Music ○ amzn.to/41RVTfzYouTube ○ bit.ly/3QZl2i8Follow for more blockchain insightsLinkedIn ○ bit.ly/3DsNp3X ○ bit.ly/4iCKhCBYouTube ○ bit.ly/3QZl2i8Medium ○ bit.ly/3R16Mp2GitHub ○ github.com/appliedblockchain/Linktree ○ linktr.ee/appblockchainThank you for tuning in, Applied Blockchainappliedblockchain.com | silentdata.comDisclaimerThis podcast is strictly for educational purposes and does not constitute financial or tax advice. It is not a solicitation to buy or sell any assets or make financial decisions. Always consult with a professional and do your own research.















