The IMF releases its analytical chapter on tokenization at 1:00 a.m. ET / 6:00 a.m. BST today. The useful pre-read is structural. Atomic and near-continuous settlement can reduce counterparty exposure, yet it also removes the time buffers in which firms presently find cash, collateral or an error. Code concentration, platform governance and legal finality become market-structure risks. The first question for any tokenized asset is therefore not whether settlement is faster; it is who supplies liquidity when every obligation becomes immediate. IMF release schedule