
ESMA opens call for evidence on tokenized collateral risks in central clearing
- —ESMA seeks input from CCPs, clearing members, CSDs, custodians and DLT providers
- —Feedback deadline is January 15, 2027, with review in Q1 2027
- —The review does not authorize new collateral assets but assesses how tokenization affects transfer, custody and liquidation of existing eligible assets
- —Key question is whether CCPs can access and dispose of collateral in the event of a clearing member default
Why it matters: The findings could shape how tokenized collateral is admitted into EU clearing, a key issue for institutional digital asset infrastructure.
Source: TokenPost