ISDA and ANTs International Urge for Unified Framework in Asset Tokenisation

A Collaborative Call to Standardize Asset Tokenisation Practices Across the Industry

Highlights:

  • ISDA and ANT International propose a standardized framework for asset tokenisation.
  • The initiative aims to enhance efficiency and interoperability in the tokenisation of assets.
  • A common framework could simplify the regulatory landscape and encourage industry adoption.

ISDA and ANT International have joined forces to call for a cohesive framework to guide the asset tokenisation industry. This collaborative effort seeks to establish standardized practices that would enhance efficiency and create a unified approach to regulatory compliance. By developing a common industry framework, stakeholders believe that tokenisation can become more widely adopted and beneficial across various sectors.

Megan Clarke
Megan Clarke
Megan Clarke is a financial reporter and commentator with a focus on fintech startups, open banking, and the transformation of the UK’s financial services industry.

You May Also Like

Irish Banks Launch P2P Payments Service to Enhance Digital Transactions

New service aims to simplify peer-to-peer money transfers in Ireland.Highlights: Irish banks have introduced a new P2P payments...

Bank of Canada Strengthens DLT-Based Bond Issuance Experiment

The central bank's pilot project explores innovative bond issuance methods.Highlights: Bank of Canada completes its DLT-based bond issuance...

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...