Four groups turning research into specifications the field can use.
Each working group is chaired by a senior fellow, meets on a published cadence, and has a narrow written charter. Outputs are published as working papers, policy briefs, protocol specifications, or standards drafts, and are circulated for comment before ratification.
Asset Standards working group
Develop narrow, composable standards for asset-model schemas in tokenized private and public issuances. The group works one layer above token standards and one layer below legal wrappers, with a mandate to prefer minimal and interoperable specifications to comprehensive ones.
- 2026-03A taxonomy for asset representation on public chains
- 2026-02Basket tokens versus share-class tokens
- 2026-04Draft asset-model schema v0.3
The Association is convening this group. Senior practitioners are invited to write to the secretariat to be considered.
AI Attestation working group
Specify a companion governance standard for agent identity, mandate issuance, and revocation atop ERC-8004. The group works at the intersection of on-chain identity standards and off-chain governance practice in regulated institutions, with a mandate to reconcile the two.
- 2026-02Cryptographic attestation frameworks for AI-assisted compliance
- 2026-04Governance of on-chain agent identity under ERC-8004
- 2026-04Revocation protocol v0.2
The Association is convening this group. Senior practitioners are invited to write to the secretariat to be considered.
Cross-Border Settlement working group
Map the operational interfaces between regulated stablecoin frameworks (MiCA, GENIUS Act, FINMA, MAS) to support tokenized-asset issuers who settle across jurisdictional regimes. The group produces practical guidance for fund administrators, transfer agents, and custodians rather than novel policy.
- 2026-01Regulated stablecoins as cash legs in DvP settlement
- 2026-03Zurich as a settlement hub in the post-correspondent era
- 2026-05Operational playbook for multi-framework stablecoin cash legs
The Association is convening this group. Senior practitioners are invited to write to the secretariat to be considered.
Market Structure working group
Examine the plumbing of secondary markets for tokenized private and public issuances — venue design, settlement topology, regulatory thresholds (notably 12(g)), and transfer-agent reform. The group produces recommendations to standards bodies, venues, and regulators with explicit scope boundaries to avoid overreach.
- 2026-03Rethinking the 12(g) threshold for tokenised private issuances
- 2026-04Secondary liquidity for tokenised private funds
- 2026-04Draft quarterly-auction protocol specification
The Association is convening this group. Senior practitioners are invited to write to the secretariat to be considered.