The financial markets for private and digital securities currently lack a unified global industry standard.
Securities data is fragmented, scattered across exchange reference data, regulatory repositories, and blockchain protocols
Digital Asset Creation: Inconsistent standards across various blockchains.
Interoperability: Private securities and digital assets aren't seamlessly interchangeable across market centers.
Reference Data Inconsistency: Absence of standardized reference data hinders efficient pricing, reporting, and transaction settlement for private securities and digital assets.