Europe is trying to move tokenised finance beyond isolated pilot projects.
The European Commission, ECB and ESMA are establishing the European Tokenisation Standards Group.
Its job is to develop common standards for settling and holding tokenised financial instruments across different DLT infrastructures — effectively creating shared rails rather than another collection of disconnected systems.
This matters more than another token launch. Interoperability is what could eventually allow banks, exchanges and settlement providers to use tokenised assets at scale.
Industry nominations remain open until 27 November.
Could common standards finally move tokenisation into real financial infrastructure?
The European Commission, ECB and ESMA are establishing the European Tokenisation Standards Group.
Its job is to develop common standards for settling and holding tokenised financial instruments across different DLT infrastructures — effectively creating shared rails rather than another collection of disconnected systems.
This matters more than another token launch. Interoperability is what could eventually allow banks, exchanges and settlement providers to use tokenised assets at scale.
Industry nominations remain open until 27 November.
Could common standards finally move tokenisation into real financial infrastructure?