BC Group, Archax, InvestaX Form Consortium on Security Tokens Globally

Eventually, the goal is to set up industry standards, but right now “there’s lower hanging fruit,” such as what technology, corporate governance, and AML/FATF characteristics of an issuance must be harmonized in order to list security tokens across Hong Kong, the U.K., and Singapore within the existent regulatory frameworks, Madden said. This year, Madden hopes to see such security tokens listed across the three jurisdictions.