Joint Trades Publish DLT in Capital Markets Report

A coalition of leading global financial trade associations, including GBBC, have issued a letter to the Basel Committee on Banking Supervision (BCBS) in regards to the Cryptoasset Exposures Standard (SCO60), and published the report "The Impact of DLT in Capital Markets: Ready for Adoption, Time to Act." The report examines how tokenization and distributed ledger technology (DLT) are transforming securities issuance, collateral management, and fund operations, with live use cases already showcasing efficiency gains, enhanced transparency, and improved risk management.

GBBC, alongside the joint trades collaborators, emphasize six priorities for ecosystem development, from advancing high potential asset classes and establishing interoperability to cultivating public-private partnerships. These efforts unite to help modernize financial infrastructure and support long-term economic growth.

Read the report here.