About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

ESMA Recommends Digital Token Identifier for Pilot of Distributed Ledger Technology Regulation

Subscribe to our newsletter

ESMA has recommended use of the ISO standard Digital Token Identifier (DTI) for the pilot of its Distributed Ledger Technology (DLT) regulatory regimen. DTIs are issued by the DTI Foundation, a non-profit division of Etrading Software, with a view to bringing standardisation to digital asset and crypto markets.

The DLT pilot will apply from 23 March 2023, extending the EU’s MiFIR reporting regime to cover tokenised financial instruments, and bringing pre- and post-trade transparency and market abuse monitoring to DLT-based securities.

The DTI Foundation issued its first official DTI codes back in November 2021 and has since gone on to issue the identifiers for over a thousand of the most commonly traded digital assets, with more codes being added every day.

Jim Northey, chair of ISO TC68 Financial Services, says: “The ISO 24165 DTI standard has been designed to work well with existing ISO standards that are used for regulatory reporting. The DTI simplifies the addition of digital asset trading and reporting into existing systems.”

Sassan Danesh, CEO of Etrading Software, comments: “Our mission is to increase market stability, transparency and efficiency in the digital asset space and we will continue to work with public authorities and industry to provide this service to the benefit of all stakeholders.”

The DTI is designed to help market participants and public authorities unambiguously identify digital assets and DLTs using ISO standards. The identifier enables EU regulators to monitor digital asset trades for anti-money laundering and combating terrorist financing requirements, as well as systemic risks arising from trading of stable-coins and other digital assets. For financial institutions, the DTI provides the ability to monitor market data for tokenised securities using globally standardised reference data.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Mastering Data Lineage for Risk, Compliance, and AI Governance

Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants ensure regulatory compliance with obligations such as BCBS 239, CCAR, IFRS 9, SEC requirements...

BLOG

11 Providers Shaping the Capital Markets Data Governance Landscape

The vast volumes of data that capital markets participants are ingesting as a matter of necessity have placed new demands on their data estates. At a time of market volatility, increased regulatory scrutiny and growing requirements for real-time insights, keeping control of how their data is ingested, distributed and utilised has become a growing challenge....

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...