Tokenisation promises faster settlement, programmable assets and always-on markets but none of it works without the right infrastructure beneath it. As financial institutions move from experimentation to production, attention is shifting to the rails that make tokenised finance scalable, secure and interoperable: custody, on-chain settlement assets, identity, compliance, liquidity and connectivity. This panel explores the critical infrastructure decisions shaping the next generation of financial markets and asks what it will take to build a system robust enough for institutional adoption at scale.