Clifford Chance advises GL1 on toolkit for developing financial infrastructures for tokenised assets

"Clifford Chance advised Global Layer One (GL1) on the launch of its Market Infrastructure Toolkit, a framework and technical standards to support institutional-grade distributed ledger infrastructures for tokenised assets. The initiative is a public–private collaboration involving global financial institutions and policymakers to enable cross-border tokenised asset transactions."

Clifford Chance advised Global Layer One (GL1) on the launch of its Market Infrastructure Toolkit. The Market Infrastructure Toolkit provides a framework and technical standards for building institutional‑grade infrastructures for tokenised assets. It seeks to create a foundation for consistent, standards-based adoption of distributed ledger technology (DLT) across global financial markets and to support the development of interoperable, cross-border financial infrastructures. The initiative is a multilateral collaboration between global financial institutions and policymakers to foster an ecosystem of compatible financial infrastructures that enable seamless transactions of tokenised assets across borders. Participating financial institutions include Euroclear, HSBC, Kinexys by J.P. Morgan, MUFG Bank, Ltd., and Société Générale‑FORGE. Supporting policymakers include the Bank of England, Banque de France, the European Central Bank and the Monetary Authority of Singapore. Clifford Chance represented Global Layer One (GL1) with a team composed by: Partner Lena Ng; Partner Monica Sah (Cross‑border Financial Regulation); and Special Regulatory Advisor Madeleine Yates.

Clifford Chance advises GL1 on toolkit for developing financial infrastructures for tokenised assets

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