Crypto: Eu Tokenization Companies Push For Dlt Pilot Changes Amid Us Momentum
European tokenization companies urged EU lawmakers to quickly amend the DLT Pilot Regime, warning that current limits risk pushing onchain markets to the US.
A group of European tokenization operators has urged EU policymakers to swiftly amend the bloc’s DLT Pilot Regime, warning that current asset limits, volume caps and time-limited licenses are preventing regulated onchain markets from scaling as the United States advances toward industrial-scale tokenization and near-instant settlement.
In a joint letter coordinated ahead of an upcoming parliamentary debate, tokenization and market infrastructure companies Securitize, 21X, Boerse Stuttgart Group, Lise, OpenBrick, STX and Axiology called for targeted changes to the DLT Pilot Regime, the EU’s regulatory sandbox for tokenized securities markets.
The companies said the EU’s broader Market Integration and Supervision Package sets the right long-term direction, but warned that existing constraints are already limiting the growth of regulated tokenized products in Europe. Pointing to the United States as a key contrast, they wrote:
They added that “global liquidity will not wait” if Europe remains constrained, warning it could migrate permanently to US markets as onchain settlement infrastructure matures.
Rather than calling for deregulation, the companies proposed a narrow technical “quick fix” that would keep existing investor protections intact. The changes would expand the scope of eligible assets, raise current issuance caps and remove the six-year limit on pilot licenses to allow regulated operators to scale products already live in other jurisdictions.
The group said the adjustments could be adopted quickly through a standalone technical update without reopening the EU’s broader market-structure reforms.
It warned that prolonged delays risk weakening the euro’s competitiveness in global capital markets as settlement and issuance activity shifts toward faster, fully digital market infrastructure.
Related: Gemini announces exit from UK, EU, Australia, slashes workforce
The US has taken regulatory steps toward tokenization by clarifying how tokenized securities can be issued, custodied and settled within existing market infrastructure.
Source: CoinTelegraph
