BIGTXN Launches Digital Asset Masterfile
September 18, 2024 – BIGTXN, the UK-headquartered compliance and financial data provider, today announced the launch of the Digital Asset Masterfile, the industry's most comprehensive securities reference data product for digital assets.
The Digital Asset Masterfile is a normalised view that captures the nuances of regional narratives and regulations, allowing financial market participants to seamlessly identify, classify, and manage digital assets across different jurisdictions.
Speaking from TOKEN2049, the world’s largest crypto event which has convened in Singapore, Haider Mannan, CEO of BIGTXN commented:
“Blockchain isn't just a side project for the world’s biggest banks and exchanges. As distributed ledger technology (DLT) and digital assets continue to gain commercial traction globally, firms are facing the challenge of an increasingly complex operational and regulatory landscape. We developed the Digital Asset Masterfile to support instrument identification, compliance workflows, and global regulatory adherence.”
The product provides a complete list of securities that are regulated and those that currently do not qualify for regulation; using its cutting-edge algorithm BIGTXN discovers securities exposed to crypto, tokens and digital assets conforming to ISO 24165 Digital Token Identifier (DTI) and ISO 6166 International Securities Identification Number (ISIN) standards in the digital asset space.
“The world of TradFi and DeFi are connecting seamlessly – an investor may be exposed to crypto or a digital asset by way of an investment in an Exchange Traded Fund, without necessarily knowing the regulatory requirements or consequences of the exposure”, commented Sebastian Segura, COO of BIGTXN.
The Digital Asset Masterfile has been developed with a granular data dictionary, empowering users to tailor insights to their specific operational or regulatory needs.
For further information, please contact:
FAO: Press Office – hello@bigtxn.com
+44 20 8123 9050 / +1 321 766 6777
About BIGTXN
BIGTXN provides monitoring and screening data solutions for the pre- and post-trade workflow. Using a specialised data management platform and matching algorithms, and as one of the largest processors of securities data, BIGTXN delivers high quality financial information to meet demanding use cases for financial institutions worldwide.
