Contents,2021 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system,Foreword,Context,Introduction,Key insights,1. Background,Business and technology developments in capital markets Overview of DLT in the capital markets context Timeline of major technical, regulatory and business developments,2. DLT and digital assets in capital m