European Tokenization Firms Call for Revisions to DLT Pilot Regime, Warn On-Chain Markets May Shift to the US

Odaily News Multiple European tokenization and market infrastructure firms have jointly written to EU lawmakers, urging prompt revisions to the EU's DLT Pilot Regime. Companies including Securitize, 21X, and Boerse Stuttgart Group pointed out that the current asset scope, issuance cap, and six-year license restrictions are hindering the expansion of regulated on-chain markets. The relevant institutions believe that if adjustments are delayed, global liquidity could permanently shift following the progress the US has made in tokenized securities and near real-time settlement. The proposal is not about deregulation but aims to maintain the competitiveness of European capital markets through a technical "quick fix" to expand eligible asset ranges, raise caps, and remove time limits. (Cointelegraph)