EU invites industry to develop standards for tokenized securities
The European Central Bank, European Commission and ESMA issued an invitation on November 9, asking the industry to appoint representatives to set standards for tokenized securities.
The new group, the European Tokenisation Standards Working Group, will be chaired by someone from the industry, while the three institutions will act only as observers. Its task is quite specific: DLT platforms currently operate independently, making it difficult to settle and hold tokenized securities across different chains. They need to agree on a common set of rules to enable interoperability.
Applications are due by November 27. The group will begin work in January 2027, with the goal of publishing its first standards in early 2028. These rules will need to align with the European Central Bank’s Appia initiative, launched in 2025.
Nominations are still being accepted, and the details of the standards will be discussed once work begins.
Related codes: $ONDO
, $ETH #欧盟邀业界制定代币化证券标准
The European Central Bank, European Commission and ESMA issued an invitation on November 9, asking the industry to appoint representatives to set standards for tokenized securities.
The new group, the European Tokenisation Standards Working Group, will be chaired by someone from the industry, while the three institutions will act only as observers. Its task is quite specific: DLT platforms currently operate independently, making it difficult to settle and hold tokenized securities across different chains. They need to agree on a common set of rules to enable interoperability.
Applications are due by November 27. The group will begin work in January 2027, with the goal of publishing its first standards in early 2028. These rules will need to align with the European Central Bank’s Appia initiative, launched in 2025.
Nominations are still being accepted, and the details of the standards will be discussed once work begins.
Related codes: $ONDO
, $ETH #欧盟邀业界制定代币化证券标准
