The European Central Bank, European Commission and European Securities and Markets Authority are seeking participants for a group to develop common standards for interconnected tokenised finance. Industry representatives will chair the group, with the authorities acting as observers, and its remit includes developing a compliance monitoring framework and potentially recommending incentives for compliance. Applications are due by 27 November 2026.
Policy & regulationInternational standards & recommendationsTokenizationBlockchain and distributed ledger technology
The European Central Bank (ECB), together with the European Commission and the European Securities and Markets Authority (ESMA), is inviting wholesale financial industry stakeholders to join the European Tokenisation Standards Group (ETSG). The group will develop common standards for an interconnected tokenised financial ecosystem. The call follows feedback on the Eurosystem’s Appia roadmap for European tokenised finance, in which respondents emphasised common standards to prevent platform fragmentation and ensure interoperability with existing infrastructure.
Industry participants will chair the ETSG and shape its work through their contributions and consensus, while the three authorities will act as observers. The group aims to establish a framework for monitoring compliance with agreed standards and may recommend ways for EU authorities to incentivise compliance. Participation is open to stakeholders working on tokenisation or distributed ledger technology financial services, including financial industry associations, private entities and technology providers. Public bodies are also invited to apply. Applications are due by 27 November 2026.
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