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GDF and GLEIF Announce Partnership in Support of the Development of an Ecosystem of Standards for the Digital Asset Industry
Given the rapidly evolving regulatory landscape for digital assets, the partnership aims to raise awareness of the value of consistent party identification via the LEI, like that described in the EU’s Market in Crypto Assets regulation.
Global Digital Finance (GDF), the global members association and platform for open innovation in digital assets in financial services, announces a partnership with the Global LEI Foundation (GLEIF), the global not-for-profit organization dedicated to enhancing transparency in the global marketplace by supporting the implementation and use of the Legal Entity Identifier (LEI) and verifiable LEI (vLEI).
As financial services become increasingly digitized, data standardization is critical to help build bridges and foster interoperability between the digital asset ecosystem and traditional finance. GDF and GLEIF have collaborated extensively with other community players to support this endeavor.