The Convergence Imperative 2026 is a joint report from Global Digital Finance, FIX Trading Community, and Deloitte, based on interviews with 36 senior industry participants across capital markets, financial market infrastructure, and digital asset technology. It explores how legacy and tokenized financial market infrastructure will coexist and converge, examining three hypotheses: the accelerating adoption of tokenization across major asset classes, trusted digital money as the foundation for scaling digital finance, and the case for deliberate industry coordination to achieve an interoperable ecosystem.