ISO 20022 creates room for richer payment information. The business value comes from preserving that information across validation, reconciliation and exception handling, not simply converting messages into a new format.
Issuing a token is one step in a much longer financial process. Institutions need an operating model that connects investor eligibility, ownership, payment, service and recovery, and explains what happens when a transaction does not go to plan.
Key ownership matters, but it is only one part of enterprise control. Digital-asset infrastructure also needs clear decision rights, visible dependencies, tested recovery and records that allow the institution to explain its own operations.
Post-quantum security is an infrastructure transition, not a product slogan. Enterprises can make useful progress by locating cryptographic dependencies, prioritizing long-lived information and testing how systems will change without disrupting essential operations.