EU Three Bodies Seek Members for Tokenization Standards Group, First Standards Due Early 2028

Cointime update: The European Central Bank, the European Commission and the European Securities and Markets Authority are calling for members of a European tokenization standards group, which will be industry-led and develop common standards for holding and settling tokenized securities. EU industry associations, global institutions, private companies and fintechs can apply until Nov. 27; the group is due to start work in January 2027, with the three institutions participating as observers. The first technical and market standards are targeted for early 2028, supporting cross-DLT holding and settlement and interoperability with existing financial systems, and backing the Eurosystem’s Appia tokenized financial markets blueprint.