Clearstream, DTCC, and Euroclear release a digital asset securities interoperability framework to promote unified DLT market standards

Odaily reported that Clearstream, DTCC, and Euroclear, together with Boston Consulting Group (BCG), have released a new industry report proposing a framework for interoperability in the digital asset securities market. The aim is to promote connectivity between distributed ledger technology (DLT) markets and ensure that digital securities can flow smoothly across different platforms and infrastructures. The framework outlines five core elements required for digital asset securities to operate across networks, including standards for asset and liability representation, ownership identification mechanisms, asset lifecycle and transfer protocols, ledger structure coordination, and legal and regulatory compliance. The authors believe that unifying these key elements will help maintain consistent ownership records, operational processes, and compliance standards across different distributed ledger infrastructures. (FinanceFeeds)