TAC Launches GAP Framework to Enable DeFi Composability for Tokenized Securities

Odaily News: The Tokenized Asset Coalition (TAC) has launched the Global Access Protocol (GAP), designed to enable composability of tokenized securities within DeFi. TAC stated that GAP was developed over the course of a year by TAC and the Digital Securities Initiative, during which multiple discussions were held with the U.S. SEC, CFTC, and the Treasury Department. More details will be announced next week. TAC also announced the addition of 12 new members: Ascend, Control, Cryptio, Digital Securities Initiative, Enterprise Ethereum Alliance, Euler, Lava, OpenZeppelin, Overmatch Capital, Protocol Wealth, Reserve, and T-RIZE.