The European Union is seeking members for the tokenized securities standards committee, planning to publish the first set of standards in early 2028.

on November 9, according to Cointelegraph, the European Central Bank, the European Commission, and the European Securities and Markets Authority are seeking members for the European Tokenized Standards Group, which will be industry-led to develop common standards for the custody and settlement of tokenized securities.

EU industry associations, global institutions, private enterprises, and fintech companies may apply by November 27. The group is scheduled to begin its work in January 2027, with the three EU institutions participating as observers.

The group aims to develop the first set of technical and market standards in early 2028 to support the custody and settlement of tokenized securities across distributed ledger platforms, and to facilitate interoperability between these platforms and existing financial systems. These standards will also support Appia, a blueprint initiative for tokenized financial markets under the Eurosystem.