CCData, an FCA-authorised benchmark administrator and provider of digital asset data and index solutions, has partnered with the Association of National Numbering Agencies (ANNA) and the Digital Token Identifier Foundation (DTIF) to introduce Digital Token Identifiers (DTIs) and International Securities Identification Numbers (ISINs) into its Asset Metadata solution.
According to a press release, the integration of these two identifiers will allow stakeholders of both parties to access metadata for over 7,000 digital assets and respective ISO identifiers via CCData’s REST API, with the aim of enhancing transparency in the digital asset market by clearly distinguishing between the ISIN-identified asset itself and its blockchain-based implementation, which is identified by the DTI1.
In 2023, a joint ANNA-DTIF Task Force was established to ensure a complementary relationship between the ISIN and DTI standards, which has since progressed to introduce ISINs assigned by ANNA which are recognised by a new XT ISIN prefix. These are based on DTIs for digital assets that are not themselves financial instruments.
The European Securities and Markets Authority (ESMA) is also expected to embed DTIs as the crypto-asset identifier under MiCA transparency reporting, order book, offering and record-keeping requirements. The ISO ISIN standard is already required by ESMA for reporting for MiFID II regulated financial instruments which would include tokenised securities.
In a statement, Charles Hayter, CEO and Co-Founder of CCData, said: "The integration of XT ISINs and DTIs marks a vital step toward enhancing CCData’s interoperable capabilities while significantly increasing transparency for our user base. Market participants can now seamlessly access identification standards and asset metadata via a single API endpoint, enhancing data availability and universal identification standards across exchanges.”
Rowan Varrall, Associate Director at DTIF, added: "We are thrilled to announce this strategic partnership with CCData, which is a testament to the strength of our products and is a clear indication that ISO DTI will become the industry standard for digital token identification."
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