Jan-Oliver Sell leads Qivalis, the consortium of 37 European banks building a MiCA-regulated euro stablecoin under the supervision of the Dutch central bank. He makes the case for a competitive euro on-chain, and draws a sharp line between stablecoins and tokenized deposits.
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Aleksandar Bukovski is Lead Analyst at The Big Whale, where he specializes in decentralized finance and crypto-assets. His published work at The Big Whale covers topics including stablecoins, tokenized finance, DeFi protocols, Bitcoin mining, and institutional adoption of digital assets. He also hosts the Market Call, a recurring market analysis format produced by The Big Whale.
Prior to joining The Big Whale in February 2025, Bukovski spent five months as a Research Analyst at The Block, a crypto-focused information services firm, where his stated focus was tokenization. He holds an Engineer's degree in Finance and Financial Management Services and a Master's degree in Investment Management, both from the Faculty of Technical Sciences at the University of Novi Sad, Serbia.
Grégory Raymond is Head of Research and co-founder of The Big Whale. A specialist at the intersection of traditional finance and digital assets, he has been covering the regulatory, institutional and technological developments of the sector since 2017 for an audience of decision-makers: banks, asset managers and fintechs. He is also the author of Bitcoin & Cryptos: L'enjeu du siècle (Talent Éditions, 2025), a book built around interviews with key figures from the ecosystem.
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