Tokenisation in the industry
Tokenisation is receiving increasing global attention from market operators, regulators, financial institutions and technology providers. As the technology develops, the focus is shifting from whether tokenisation can work, to where it can deliver tangible value for market participants.
ASX and tokenisation
As a steward of critical market infrastructure, the ASX Group plays an important role in supporting the operation of our financial markets and has a responsibility to monitor trends and technologies that may affect the future of market infrastructure.
As part of this, ASX is developing a public discussion paper considering applications of tokenisation across financial market infrastructure, exploring opportunities and risks, and identifying considerations for industry adoption.
To inform the paper, ASX is conducting industry working groups (see below) and stakeholder consultations with market participants, customers and industry bodies.
The objective is to capture industry perspectives, test potential use cases and identify areas of consensus and challenge as the market evolves.