[ECB, European Commission, and ESMA Call for Members for Tokenization Standards Group] The European Central Bank (ECB), together with the European Commission and the European Securities and Markets Authority (ESMA), announced a call for members from the wholesale financial industry to form the European Tokenization Standards Group (ETSG), with a deadline of November 27. This group will develop unified standards for the tokenized finance ecosystem, establish a compliance monitoring framework, and advise EU authorities on how to incentivize compliance. The ETSG will be chaired by industry professionals, with the aforementioned three parties serving as observers. The European Commission's Market Integration and Supervision Package (MISP), proposed in December 2025, requires post-trade institutions to promote interoperability between DLT infrastructures and establish corresponding technical standards.