Europe wants financial tokenisation to speak the same language. The European Central Bank, the European Commission and the European Securities and Markets Authority (ESMA) have opened the call to form the European Tokenisation Standards Group (ETSG), a group that will develop common standards for an “interconnected tokenised financial ecosystem”.

🔹 The group will create a framework to monitor compliance with these standards and may recommend ways to promote them to EU authorities.

🔹 It will be chaired by industry participants. The ECB, the Commission, and ESMA will participate as observers, and the work will be guided by industry consensus.

🔹 European associations, private companies, global institutions, fintech firms, technical providers working with tokenization or DLT, and public bodies may apply.

🔹 Applications close on November 27, 2026.

🔹 The Commission links it to its December 2025 market integration and supervision package, which would ask post-trade entities, both within and outside the DLT pilot regime, to work toward interoperability between DLT infrastructures.

What interests me most about this news is the approach: it’s not a regulator imposing rules from the top down, but the industry sitting at the table while institutions look on. If the goal is for different DLT infrastructures to understand one another, it makes sense for the people who will use them to design it.

Full analysis at territorioblockchain.com

#Tokenizacion #Regulacion #EuropeanUnion