🚨 NEW REPORT PUBLISHED 🚨 GDF and the Global Legal Entity Identifier Foundation (GLEIF) Foundation are pleased to publish today a report which puts forth a proposal exploring how the Legal Entity Identifier (LEI) can reduce the challenges and costs associated with Know-Your-Customer (KYC) and Know-Your-Business (KYB) processes. The joint report examines how leveraging the LEI can address key pain points in due diligence processes, particularly those arising from manual and fragmented client identification methods. We showcase an industry use case featuring Zodia Markets onboarding Deus X Pay using their respective LEI codes, eliminating ambiguity and manual effort while ensuring compliance. Such workflows illustrate the LEI’s value in delivering trusted, structured, and globally recognized client information. The report concludes by setting out out a call to action to support the greater adoption from regulators and industry to utilize on the Global LEI System as a recognized source for client due diligence information. GDF and GLEIF remain committed to working with regulators and industry in order to continuously enhance best practice and standard setting across industry. Regulatory adoption and endorsement of the Global LEI system for KYB could be a critical first step in streamlining these processes to deliver a globally consistent, trusted, instant and reliable client profile. Download the report here ➡️ https://lnkd.in/d7gEktS4
Global Digital Finance
Non-profit Organizations
London, England 9,213 followers
Global Digital Finance is an industry body promoting the development of best practices & conduct standards.
About us
Global Digital Finance is an industry body driving the acceleration and adoption of digital finance to support the next era of digitised commerce, dedicated to the advancement of next generation technologies in finance. Mission Statement The global formation and distribution of capital has value to both new market entrants and incumbents in financial services. Global Digital Finance endeavours to drive efficient, fair and transparent crypto asset markets by building a knowledge base and best practice for “Truly Digital” finance and the benefits tokens can bring all market participants. We promote an inclusive vision for financial services in which crypto assets and token markets can evolve and grow in complement within traditional financial services. Consultation Global Digital Finance is open and inclusive, bringing together market participants from the public and private sectors to collaborate within forums and working groups to leverage the benefits of industry participation and continually seeks feedback from the wider community.
- Website
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https://gdf.io
External link for Global Digital Finance
- Industry
- Non-profit Organizations
- Company size
- 2-10 employees
- Headquarters
- London, England
- Type
- Nonprofit
- Founded
- 2018
Locations
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Primary
160 City Road
London, England, GB
Employees at Global Digital Finance
Updates
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GDF's Executive Director Elise Soucie Watts is heading to Switzerland to join Global Finance & Technology Network Point Zero Forum in May. GDF are once again a Community Partner and will be on the ground so do reach out if you are also attending! For more on the event and GDF's discount on tickets click here: https://lnkd.in/eKXYGtjx
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FT Live Digital Assets Summit is approaching fast and GDF are back in 2025 as a Supporting partner. 🗓️ 6 - 7 May 📍 London 🇬🇧 🗒️ https://bit.ly/4k65oin Key topics include the tokenisation of real-world assets, the growing role of digital assets in investment portfolios, and how blockchain technology is being integrated into traditional finance. As a member of the GDF community, you can save 20% on your in-person or digital pass using the code DIGITALFINANCE: https://bit.ly/42lXyus #FTDigitalAssets
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Join some of the GDF team in Canary Wharf, London on 3 June. GDF are proud partners of the London Blockchain Conference Finance Summit in partnership with Clifford Chance. An in person summit which will join industry leaders and innovators, striving for more efficient, more secure and more competitive financial services as they explore the latest developments in blockchain and Web3. Registration is free, but spaces are limited so do register now to secure your spot: https://lnkd.in/eWDRZJJh #LDNblockchain #Web3 #Blockchain #FinancialServices
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On the back of the successful #DAWeek Hong Kong the Juliet Media team are taking Digital Assets Week to #NewYork for the first time. GDF are a proud #ThoughtLeadershipPartner and Lawrence Wintermeyer, Elise Soucie Watts and Madeleine Boys will be joining the conversations on continuing realisation of all classes of #DigitalAssets across the finance ecosystem. 📍 New York 🇺🇸 📅 20 - 21 May 2025 🎟️ https://lnkd.in/ed8CGhDy (Use the code 'GDF30' for a discount on your ticket)
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Join us next month in Paris 🇫🇷 ! Elise Soucie Watts will be joining Paris Blockchain Week & Taxbit Digital Accord Summit as a speaker. Madeleine Boys will also be on the ground. During the week GDF will also be bringing our partnership to life with Adan for a special evening for our members. More details to follow. For PBW tickets use the code 'mp15gdf' for a discount on your tickets via this link: https://lnkd.in/eW48Jqud For the Digital Accord Summit, register your interest here: https://lnkd.in/eRnDMk8b #DigitalAssets #Taxbit #PBW2025
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Global Digital Finance reposted this
A fabulous morning at NYSE with FINTECH.TV and. Global Digital Finance Madeleine Boys Thank you for having me and discussing how Interoperability will turbo charge adoption and distribution of Tokenized Assets #digitalassets Ownera
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Global Digital Finance reposted this
Some behind-the-scenes 📸 of US Chief Strategy Officer & DGC Joshua Riezman earlier today with FINTECH.TV & Global Digital Finance at NYSE discussing crypto market structure and innovation in the US 🇺🇸
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Global Digital Finance reposted this
The market for real-world tokenized assets is projected to reach $30-50bn by the end of this year. Joining FINTECH.TV from the floor of the NY Stock Exchange, R3 Co-Founder Todd McDonald discussed how ecosystem maturization combined with increased regulatory clarity are driving institutional and DeFi demand. "While the on-chain economy for defi is incredibly robust, it is still quite early. If you think about the tens of billons of dollars that have been tokenized on-chain that compares to hundreds of trillions of dollars of real-world assets within the traditional economy," noted Todd. "There is a desire to bring more RWA on-chain. In particular, when you look at the volatility across crypto, they're looking for differentiated assets, differentiated yields that RWAs can represent - but they have to be brought on-chain so that they can fit into the way that DeFi works, which is 24/7 and very interconnected." Listen to Todd's full interview below to learn how R3 is paving the way for tokenized RWA adoption across both traditional and DeFi markets. https://lnkd.in/eGpvn34U #RWAs #DeFi #TradFi #R3 #Tokenization
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✍ This year has been one of the busiest on record with consultation responses and legislative developments surging around the globe. 🌐 GDF has responded to 9 consultations since the start of the year spanning our US, UK, EU, MEA and APAC Policy & Regulatory Working Groups as well as our Global Policy Taskforce. We thank our our members for their contributions! 📝 To get involved or learn more about our policy and regulatory programme you can reach out to Elise Soucie Watts! 📂 Our full consultation response archive can be found here: https://lnkd.in/eNC2qGEM Catch up on the latest of Global Digital Finance's responses from January-March 2025 below ⤵️