FIX <> FinP2P Protocol Interoperability Alliance White Paper
Established in H2 2024, the Joint Working Group between GDF and the FIX Trading Community set out to enable the FIX-FinP2P Protocol Interoperability Alliance (the Alliance).
Originating in the GDF Private Markets Digitization Steering Group and governed by GDF under a Creative Commons license, the FinP2P tokenization interoperability protocol is a product of GDF’s open innovation environment.
By leveraging the open-source FIX Trading Community and the FinP2P Tokenization interoperability protocol, this working group aims to modernize existing financial infrastructure. Its goal is to demonstrate the potential of integrating blockchain technology with traditional financial systems.
The Working Group set out to achieve several key outcomes:
- Enable Interoperable Access – Enhanceing market liquidity and efficiency by providing interoperable access between traditional platforms and tokenized platforms,
- Enable Comprehensive Functionality – Enabling a range of functionalities across the end-to-end lifecycle of assets, including issuance, custody, and other functionalities,
- Enhance Security and Compliance – Ensuring that integrated systems adhere to the highest standards of security and regulatory compliance, and
- Identify Commercial, Operational, and Technical Use Cases – Identifying and establishing use cases for connecting the FIX universe to the tokenization ecosystem, supporting a wide range of processes and flow.
The outcomes and findings from the Alliance are set out and detailed in the newly published white paper.
