Full Name

Caroline Butler

Job Title

Global Head of Digital Assets

Company

BNY

Speaker Bio

As the Global Head of Digital Assets at BNY, Caroline Butler leads all commercial and strategic initiatives on digital assets and tokenization at the firm with a focus on unlocking and delivering value to clients. In this senior leadership role, Caroline is responsible for overseeing the global digital assets strategy and enterprise-wide solutions, including the BNY Digital Assets Platform, a single integrated platform bridging traditional and digital markets and offering a seamless experience for clients to manage, safekeep and move their digital assets. As a deep financial markets expert and seasoned product developer, Caroline has extensive experience overseeing the transformation of highly complex businesses and helping clients navigate disruption, adopt new emerging technologies, and accelerate growth. Under her leadership, BNY has been an early mover and continued leader in the digital assets space. Today, BNY provides fund services for majority of digital asset exchange-traded products in both the U.S. and Canada. Caroline believes that over the long-term, digital assets and the technology underpinnings have the transformative potential to solve client and market needs while also enabling market infrastructure resiliency and inclusive economic growth. It’s through this lens that BNY is an active participant in public-private partnerships such as Project Agora, which aims to enhance capital markets efficiency through tokenized wholesale cross-border payments, and Global Layer One (GL1), which aims to create a unified global ledger for digital assets. She also co-chairs the CFTC Global Markets Advisory Council’s Digital Asset Markets Subcommitte (DAMS), which is focused on identifying and assessing key issues and policy proposals related to digital asset markets including tokenized asset markets, web3 and blockchain technologies, and infrastructure. In 2024, CFTC DAMS passed two key policy recommendations: (1) global digital assets taxonomy and (2) tokenized collateral management. Based in New York City, Caroline serves on the board of directors for BNY’s European bank board and the International Securities Services Association (ISSA). Previously, Caroline was the Global Head of Custody Services for BNY, where she led the development of the industry’s first digital asset custody product for traditional and digital assets from a global systemically important bank. Caroline’s global professional experience spans a range of investment services and trading businesses, centered on running and transforming businesses with expertise in equities, futures, and options clearing, and securities services.