The European Central Bank (ECB), European Commission, and European Securities and Markets Authority (ESMA) have opened applications for the European Tokenisation Standards group (ETSG).
The applications are a starting point for establishing the ETSG, which aims to build interoperability in a tokenised financial ecosystem. Industry stakeholders that join the group will play a part in developing common standards to address potential fragmentation in the new ecosystem.
The group will also be responsible for monitoring and incentivising compliance with the standards it has set up.
Participation is open to EU associations, private entities, global institutions, fintech companies, and technical providers involved in tokenisation or DLT-based financial services. The deadline for application is 27 November 2026.