The European Central Bank (ECB), in collaboration with the European Commission and the European Securities and Markets Authority (ESMA), has launched a call for nominations to form the European Tokenisation Standards Group (ETSG). This initiative aims to unite wholesale financial industry stakeholders to develop common standards for a tokenised financial ecosystem.
The ETSG will focus on creating a framework to monitor compliance with these standards and may provide recommendations to EU authorities on how to encourage adherence. The group's work will be driven by industry contributions and consensus, with participants from the industry serving as chairs, while the ECB, Commission, and ESMA will act as observers.
Participation in the ETSG is open to a broad range of stakeholders, including EU associations, private entities, global institutions, fintech companies, and technical providers involved in tokenisation or DLT-based financial services. Interested parties are invited to review the background information and submit their applications by 27 November 2026.