Templum’s vision is to bring increased access, liquidity and transparency to the digital asset space. Part of that vision requires a standardized process for tracking and managing digital assets traded as securities. Today we took an important step in achieving that through our partnership with CUSIP Global Services.
Templum Markets will be the first broker-dealer to offer 9-digit CUSIP identifiers for tokenized and digital private securities offered and traded on our platform. CUSIP IDs are routinely used with more than 10 million securities, IPOs, funds, preferred stock and certificates of deposit (CDs). They offer increased transparency for analysts, brokers and investors by allowing them to rapidly identify issue-specific data. The addition of CUSIP IDs will also make these securities discoverable on leading market data vendor platforms.