EU Seeks Members for Tokenized Securities Standards Group, Plans First Standards by Early 2028

TechFlow reported on November 9, citing Cointelegraph, that the European Central Bank, the European Commission, and the European Securities and Markets Authority are seeking members for a European tokenization standards group, with industry leading the development of common standards for the holding and settlement of tokenized securities.

EU industry associations, global institutions, private companies, and fintech firms may apply by November 27. The group plans to begin work in January 2027, with the three EU institutions participating as observers.

The group aims to develop the first technical and market standards by early 2028 to support the holding and settlement of tokenized securities across distributed ledger platforms and to promote interoperability between these platforms and existing financial systems. The standards will also support Appia, the Eurosystem's blueprint project for tokenized financial markets.

Source: TechFlow