GDF, ANNA, and DTI Foundation announce partnership
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GDF, ANNA, and DTI Foundation announce partnership 20 June 2024UK Reporter: Jack McRae
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Global Digital Finance (GDF), Association of National Numbering Agencies (ANNA), and the Digital Token Identifier (DTI) Foundation have announced they have entered into a partnership to support the development of standards and practices in the digital asset space.
The partnership aims to improve transparency through the creation of a core reference data set based on open data principles and made available as a public good.
Madeleine Boys, GDF head of Programmes and Innovation, says: “Standards are key to unlocking efficiencies and driving transparency in financial markets. For regulators, global identification standards help bring consistency and transparency into new DLT markets.
"For market participants, this standard supports better effective risk management and has been commended by industry as a strong foundation for better interlinking digital finance and traditional finance.”
In 2021, a joint ANNA-DTI Foundation task force was established to ensure a complementary relationship between ISIN and DTI ISO standards.
Stephan Dreyer, managing director at ANNA adds: “Since launch last year, the ANNA/DTI Foundation partnership has significantly progressed the introduction of new ISIN to identify crypto assets to support industry transparency and interoperability.
"We are now delighted to be working with GDF to facilitate greater integration within wider industry communities."
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Image: stock.adobe.com/Johnstocker 