White Paper

Setting New Market Standards

The White Paper « Call to Action » introduces a comprehensive operational model proposal, the CAST Framework, designed for the issuance, custody, and OTC trades of financial instruments on blockchain (referred to as « Security Tokens »), published online in an open-source manner. It has been approved and trialed in substantial issuances of Security Tokens realized in 2019, 2020, and 2021 by systemic regulated institutions (banks, supranational organizations, brokers, etc.), notably within the Societe Generale Group.

Purpose

The purpose of the White Paper « Call to Action » is to propose a framework at a bank-grade level designed to facilitate the establishment of acceptable market practices for capital market participants (issuers and investors), recognized trusted third parties (banks, investment firms, fund administrators, lawyers, consultants, etc.), as well as startups and technology service providers. It aims to serve as a milestone for ongoing and future discussions with various policymakers and regulators across countries.

The White Paper « Call to Action » provides an initial description of the main components of the CAST Framework.