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

Upcoming Webinar: The ROI of Data Trust: Quantifying the Business Value of Data Observability

Date: 8 July 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Data is the fuel that keeps modern financial institutions’ motors running but if that data can’t be trusted then the decisions made based upon it, or the uses to which its put, will be compromised. That’s especially important for...

BLOG

Clean Data Is Not Enough to Power AI

By Shai Popat, managing director, product and commercial strategy, financial information, SIX. Agentic AI projects are beginning to roll out across the financial industry. Many firms are testing AI’s feasibility by assigning it relatively simple tasks, such as summarising information or retrieving data and documents from internal databases. Two maxims are often cited when discussing...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...