International Token Standardization Association

International Token Standardization Association
Setting standards for global token markets

Apply for ITINLearn moreAccess Tokenbase

 

International Token Identification Number (ITIN)

 

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What is ITIN?

So far, tokens and exchanges chose ticker symbols deliberately. As a result, the same token might trade under different ticker symbols on different exchanges, or different tokens might even be listed under the same symbol. For instance, Bitcoin trades under the symbols XBT, BTC, or BTX. This practice is confusing and represents a risk for investors and other market players.

With the International Token Identification Number (ITIN), ITSA is developing and implementing an open market standard for the safe and secure identification of cryptographic tokens and their use in DeFi and NFTs across blockchains. Its large implementation will drastically increase transparency and reduce operational risks.

 

 

  Apply for ITINLearn moreAccess Tokenbase

 

Peter Eulberg

General Manager at Blockdeamon GmbH

ITSA is filling a niche in the crypto token realm: standardized classification and identification. We are using the ITIN as a unique identifier for our vast on-chain data available at Anyblock Index.

 
 

Natalie Tillack

Co-Founder & Managing Partner at Scalewonder UG

“ITSA is promoting standards for global token markets – this is crucial, as comprehensive market standards enable the adoption of cryptographic tokens across the traditional financial industry.”

 
 

Prof. Dr. Philipp Sandner

Head of Frankfurt School Blockchain Center

“ITIN – the unique token identifier – is already used in Germany to clearly identify crypto assets for taxation purposes.”

 
 

Kyle Baron

Co-Founder & Managing Partner at BCW Group

“At BCW Group, we believe a global standard for cryptographic tokens is imperative & are impressed by the methodical approach ITSA has taken utilising an international approach."

 
 

Thomas Faber

Project Manager ITIN at International Token Standardization Association e.V.

"ITIN is the first identifier that embraces the decentralized nature of the token economy. Tokens can now be uniquely identified and referenced in e.g. legal contracts without worrying about forks. This is a decisive foundation for a healthy growth of the token ecosystem."

International Token Standardization Association (ITSA)

 
 
Cryptocurrencies, Decentralized Finance (DeFi), stablecoins, Non-Fungible Tokens (NFTs), and Central Bank Digital Currencies (CBDCs) will soon form an integral part of various major economic sectors. As such, they will provide utility and value in many different forms to business and society as a whole. Yet, the current token markets still lack a tangible and holistic framework for identifying, classifying, and analyzing different token types, which leads to economic, technological, and regulatory uncertainty and a lack of transparency for all players involved. To address these shortcomings, the International Token Standardization Association (ITSA) aims to implement comprehensive market standards for the global token economy.

Executive Board

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Chairman
Prof. Dr. Philipp Sandner

Head of Frankfurt School
Blockchain Center

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Vice Chairman
Agata Ferreira

Assistant Prof. of Law
WUT & Nova School of Law

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Vice Chairman
Constantin Ketz

Partner at Cadeia Capital

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Treasurer
Klaus Himmer

CEO & Co-Founder
CryptoTax

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Vice Treasurer
Benjamin Horvath

Managing Director
BLOCKROCKET

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Secretary
Peter Eulberg

General Manager
Blockdaemon

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Vice Secretary
Nils Bundi

Managing Director
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Membership

 

The International Token Standardization Association (ITSA) is a non-profit organization based in Berlin and has more than 100 associated founding members. ITSA is a special interest group aiming to develop and implement comprehensive market standards for identifying, classifying, and analyzing cryptographic tokens. ITSA provides multiple sets of databases. Some offer free access; others are only available for ITSA members. In addition, members benefit from actively participating in working groups, networking events, and community calls. By being part of ITSA, you shape the future of token standardization.

      Apply for Membership now!

 

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