Block 1

• 16:00 - 16:30
  Industry Days attendees only.

  Welcome and entry.

• 16:30 - 16:50
  How Financial Infrastructure Is Being Rebuilt: Trust, Tokenization, and the Next Wave

  • Sandro Knöpfel

  Global financial infrastructure is moving from controlled experimentation toward live, regulated deployment as institutions extend tokenisation into post-trade, settlement, and reconciliation processes. This shift is exposing a governance gap, where automation and interoperability increasingly outpace existing oversight models. Addressing this challenge requires shared standards, verifiable accountability, and neutral infrastructure that enables institutions to scale digital assets responsibly while preserving regulatory continuity and market trust.

• 16:50 - 17:15
  Tokenization in Practice: Lessons from Real-World Assets

  • Anna Wroblewska,
  • Max J. Heinzle,
  • Amar Odedra

  How real-world assets are tokenized in production environments, who is already live with institutional deployments, and what operational constraints still limit scale.

• 17:15 - 17:45
  Navigating Legal Uncertainty: Global Crypto Regulation in Flux

  • Orest Gavryliak,
  • Wojciech Kaszycki,
  • Rolf Günter

  Custody is no longer just about protection – it’s enabling new services, revenue models, and trust. infrastructure, and which real-world applications are leading the way?

• 17:45 - 18:05
  Programmable Privacy: Unlocking Regulated Finance with Zero-Knowledge

  • Mike McCoy

  This keynote explores how zero-knowledge cryptography enables a new paradigm: Programmable Privacy. Financial systems are at an inflection point. On one side: the demand for transparency, compliance, and auditability. On the other: the non-negotiable need for financial privacy, data protection, and confidentiality. 
  Private markets and payments are the only way for crypto to become mainstream.
  Diving deep into how capital markets, traders, national security, defense, payroll providers and civil society aid providers benefit from the technology the most. 

• 18:05 - 18:30
  Institutional DeFi without Bridges

  • Matt Kummel,
  • Aleksandra Fetisova,
  • Marcus Maute,
  • G Clay Miller

  How institutions execute cross-chain trades without bridges, how existing trading infrastructure connects to DeFi, and what this enables for real-world institutional use cases today.

• 18:30 - 19:00
  The Future of Money: From Stablecoins to Tokenized Assets

  • Julian La Picque,
  • Michael Healy,
  • Amar Odedra,
  • G Clay Miller

  As monetary layers diversify, what roles will public and private issuers play in shaping digital finance?

Networking

• 19:00 - 20:00
  Networking Drinks

  Unwind with conversations, drinks, and community connections.

Evening program

• 20:30 - 23:00
  Drinks & Dinner

• 23:45 - 02:00
  Awe-inspiring party (invitation only)

  Invitation only.

Block 1

• 16:00 - 16:30
  Industry Days attendees only.

  Welcome and entry.

• 16:30 - 16:50
  Quantum Computing Is No Longer Experimental

  • Daniela Herrmann

  Industrial-Scale Use Cases Define the Next Computing Megacycle

• 16:50 - 17:15
  From Fragmentation to Coordination

  • Lia Müller Peña,
  • Philipp Zentner

  Why finance and Al are both stuck with fragmented rails and systems, and how orchestration turns complexity into execution.

• 17:15 - 17:45
  Digital Infrastructure for Emerging Tech: What’s Missing?

  • Laura Borum,
  • Mahsa Behzadi,
  • Dr. Kathrin Gabriele Kind,
  • Müge Cöteli

  Power, compute, connectivity – what foundational gaps still need to be solved for frontier tech to scale?

• 17:45 - 17:50
  From National Vision to Global Relevance?

  • Daniel Risch

  As Deputy Prime Minister and later Prime Minister during Liechtenstein’s first-mover phase with the TVTG and MiCA, Daniel Risch reflects briefly on the governmental vision, the rationale for moving quickly at national level, and the expectations for international relevance and adoption.

• 17:50 - 18:00
  The Liechtenstein Trust Integrity Network: Purpose, Structure, and Strategic Context

  • Marc Degen
• 18:00 - 18:20
  Foundation Is Easy. Adoption Is Hard.

  • Yves Holenstein,
  • Gregory Chew,
  • Dennis Platzl,
  • Lucian Aguilar,
  • Marc Degen

  A conversation on institutional readiness versus real-world traction. Why do strong frameworks not automatically lead to adoption? What do early partners and ecosystem stakeholders see as the missing links for broader engagement?

• 18:20 - 18:40
  First Mover Positioning: Advantage or Limitation?

  • Max J. Heinzle,
  • Marcel Fleisch,
  • Bernd Liebscher,
  • Marcel Hostettler,
  • Daniel Risch

  A critical look at Liechtenstein’s role as a first mover. What worked, what didn’t, and what lessons can be drawn from early pilots, returned licenses, and the evolution of regulatory expectations in a more mature market environment?

• 18:40 - 19:00
  Scaling Trust Through Collaborative Development

  • Franz Wirnsperger,
  • Markus Menzl,
  • Patrick Chopard,
  • Ravi de Silva,
  • Marcel Hostettler,
  • Marc Degen

  This panel examines the role of institutional co-innovation, reuse of open results, and aligned experimentation. How can collaboration across disciplines and competitors reduce friction, accelerate learning, and create resilient digital infrastructure?

• 19:00 - 19:15
  Been there, done that - what's missing?

  Drawing on Mack McCauley’s personal journey of helping build and scale some of the world’s most influential technology companies, this session explores why he chose to engage again, what he believes those platforms ultimately could not unlock, and why going back to first principles with a “blank sheet” approach is essential to address the missing layers of trust, coordination, and real-world adoption.

  Mack McCauley - former technology executive at IBM, Microsoft, AWS, Facebook, Google and Nvidia who shaped all the world’s most influential technology companies.

Networking

• 19:15 - 20:30
  Networking Drinks

  Final exchanges at altitude – unwind and reflect on a week of ideas and innovation.

Evening program

• 20:30 - 23:00
  Drinks & Dinner

• 12:00 - 16:00
  Farewell Brunch on a Mountain Hut

  Invitation only.