EU seeks nominations for stakeholder group on tokenisation standards in finance

AI summary of the source article

The ECB, European Commission, and ESMA are calling for wholesale financial industry nominations to join the European Tokenisation Standards Group. The industry-led group aims to develop common standards for an interconnected tokenised financial ecosystem ahead of a 27 November 2026 deadline.

Why it matters

The group will bring together industry stakeholders "to develop common standards for an interconnected tokenised financial ecosystem" and establish a framework for monitoring compliance.

Key facts

• The European Central Bank, European Commission, and ESMA are seeking stakeholders to form the European Tokenisation Standards Group (ETSG).
• The ETSG will be chaired by industry participants, with the ECB, Commission, and ESMA acting as observers.
• The deadline for submitting applications to join the group is 27 November 2026.