• Particula to acquire IP, trademark, and usage rights of the International Token Standardization Association (ITSA), including ITIN, Tokenbase, and ITC.
  • DTI Foundation to enhance its data offering with token reference data from Particula, enhancing operational effectiveness and providing market participants with a reliable classification framework.

Particula and the Digital Token Identifier (DTI) Foundation are pleased to announce the signing of a Memorandum of Understanding (MoU). This collaboration aims to transition crypto-asset identification from the International Token Identification Number (ITIN) previously established by ITSA to the use of DTIs. Additionally, token reference data will be integrated based on the ITC framework into the DTI Registry, positioning the DTI as the premier global identifier in accordance with ISO standards.

 

The ITC framework provides a comprehensive taxonomy for classifying digital assets, already applied to over 1,000 tokens and continuously updated with new tokens, dimensions, and classes. Encompassing over 10 dimensions – including economic, technological, and legal aspects – this detailed classification system ensures a holistic understanding of digital assets, enhancing market transparency and consistency.

 

Simultaneously, the DTI Foundation’s ISO DTI standard for digital token identification is increasingly adopted by crypto and digital asset market infrastructure providers, service providers, and regulators. The adoption of DTIs by the European Securities and Markets Authority (ESMA) under the Markets in Crypto-Assets (MiCA) regulation underscores the importance of standardized identifiers for transparency reporting, order book management, offering documentation, and record-keeping.

 

By integrating the comprehensive classification capabilities of ITC with the widely recognized ISO DTI standard, this collaboration will create a more robust and reliable system for digital token identification and classification. The unified approach will not only enhance market transparency and operational efficiency but also support regulatory compliance and risk mitigation for market participants.

 

“We are excited to collaborate with Particula to strengthen a unified market standard for token identification and enhance our data offerings,” said Rowan Varrall, Associate Director at DTI Foundation. “This will provide significant value to our users by offering standardized classification methods and access to high-quality reference data.”

 

Axel Jester, Senior Vice President of Business Development of Particula adds: “We are thrilled to join forces with the DTI Foundation to integrate our comprehensive classification framework into the DTI Registry and continue the work pioneered by the ITSA and Prof. Dr. Philipp Sandner. We invite all former ITSA members and other market participants to join our upcoming classification working group to align further methodology developments with actual market needs. Our combined efforts will facilitate greater transparency and compliance for digital asset issuers and service providers in the evolving market landscape.”