Anthony Woolley, co-chair of the GDF Tokenisation Forum and head of business development and marketing at Ownera, adds, “The biggest challenge facing tokenisation initiatives today is to connect market supply and demand at scale and make it easy for buy-side institutions to access the pipelines of high-quality assets now being tokenised by the sell-side. The FIX-FinP2P Alliance will be tackling that problem head-on by enabling institutions to use their existing FIX Gateways to connect to the world of tokenisation without having to worry about the expense and complexity of integrating technologies such as blockchain and digital custody into their existing systems.”
Finally, Jim Kaye, executive director at FIX Trading Community, says, “This Alliance is a natural partnership – both FIX and FinP2P were conceived as open peer-to-peer protocols and the potential for our community to use their FIX gateways to instruct the orchestration and settlement of tokenisation transactions over FinP2P will be a testament to the power and flexibility of the FIX messaging language.”.
Full article below: FIX Trading, GDF, Form Tokenised Assets Working Group – The Full FX