Skip to content
CryptoBanking.news

Evidence record

HSBC, Kinexys by J.P. Morgan, MUFG, Societe Generale-FORGE and Standard Chartered establish GL1 Org, a Singapore non-profit for tokenised-market standards

Read the item · published 2026-11-04

Evidence

Confidence
Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
Quote verified
2026-11-07 16:55 UTC
Archived snapshot
SHA-256 469e847ea9093f94b3ba05beb71ffee3943f46fd1b60b6861e051e2824ebcaf2 · fetched 2026-11-07 · Wayback Machine copy ↗
Source type
Official institutional Global Layer One Organisation (joint release) ↗
Saved excerpt around the quote (source text, 2026-11-07)
… common standards and frameworks for tokenised financial markets. GL1 Org builds on the work of Global Layer One (GL1), an initiative convened by the Monetary Authority of Singapore in collaboration with global financial institutions and policymakers. The establishment of GL1 Org marks the transition of GL1 into an industry-led organisation that will advance the next phase of this work. As tokenisation gains momentum globally, a growing number of platforms, networks and digital financial infrastructures are emerging across markets and jurisdictions. Financial institutions are increasingly exploring how tokenised assets, digital mon …
Change log (1)
  1. 2026-11-07 Published

Verified quotes

  • “The establishment of GL1 Org marks the transition of GL1 into an industry-led organisation that will advance the next phase of this work.”
  • “As an issuer of MiCA-compliant stablecoins, we are proud to take part in this collaborative approach, which is essential to fostering transparency, trust, and large-scale institutional adoption of tokenized assets globally.”
  • “We welcome the transition of GL1 into an industry led organisation and look forward to supporting the next phase of this effort and broader industry participation in the years ahead.”

String-matched against https://global-layer-one.org/pdf/gl1-org-launch-4-nov-2026.pdf by our verifier before every deploy.

AI-drafted from the primary source; quote string-matched against the live source page · AI-assisted