Powering tokenized markets with harmonised market standards and framework

Asset tokenization and shared ledger technology are demonstrating the potential to enhance liquidity and improve efficiencies in financial markets globally. This is no longer conceptual, with increased real world deployment of these technologies. Despite good progress made, the absence of globally accepted taxonomy and standards in relation to digital assets increase the cost of adoption as financial institutions would need to invest and support different types of technologies. This panel discusses development of frameworks for asset tokenization and efforts to harmonise market standards to accelerate industry adoption.