Insights

Building the Digital Asset Securities Ecosystem

Explore how DTCC, Clearstream, and Euroclear are revolutionizing the financial markets with their new blueprint for the digital asset securities ecosystem.

2 minute readMay 29, 2024

Key takeaways:

  • By 2030, the tokenization of global illiquid assets is projected to be a $16 trillion business opportunity yet progress on institutional adoption has reached an inflection point as firms fail to progress or prioritize broad ecosystem development.
  • New white paper from DTCC, Clearstream and Euroclear outlines the Digital Asset Securities Control Principles (DASCP), serving as a guide to navigate the current challenges and foster operational excellence in financial markets driven by DLT.
  • These six DASCP principles aim to promote the successful adoption of tokenization and digital asset securities (excluding cryptocurrencies) and details a comprehensive set of risk management controls to underpin the future of digital markets.

Amid the rapid evolution in distributed ledger technology (DLT) and digital asset securities, three of the world’s largest financial market infrastructures – DTCC, Clearstream, and Euroclear, in collaboration with Boston Consulting Group, unveiled a new blueprint to build a digital asset ecosystem for the industry in a new white paper, Building the Digital Asset Securities Ecosystem.

Understanding the Six DASCP Principles

The paper details 6 foundational principles which serve as a “blueprint” for successful adoption of an industry-wide digital asset ecosystem.

Download the infographic to learn more

 

Catch this one-minute video summarizing Digital Assets Securities Control Principles.

 

To drive adoption of digital asset securities, you need standards to reinforce an inclusive and resilient financial ecosystem. The Complete Risk and Control Taxonomy aligns each risk with one of six principles, ranked from highest to lowest priority.

Download the Risk and Control Worksheet

 

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