Every three years, it identifies up to two areas that are relevant across the EU and reflect new trends and developments. ESMA will document how companies use these technologies and their impact on investors. In addition, the regulator will conduct additional inspections of firms that are most deeply involved in this area. Its goal is to increase regulators’ expertise in these areas of financial services in order to develop common approaches.

At the same time, the NYSE signed an agreement to distribute tokenized stocks and ETFs through Blockchain.com’s global customer base. Users of the platform will get 24/7 access to the products via a separate tokenized assets platform from the NYSE.