Eight EU-regulated companies including Securitize warn that the EU may fall behind the US in tokenization regulations

Foresight News reported, citing CoinDesk, that eight EU-regulated digital asset companies have warned European regulators that, as the United States advances more rapidly in tokenization, the EU risks squandering its early lead in blockchain-based capital markets. These companies stated that the EU's distributed ledger technology pilot regime is too restrictive and could result in capital flowing to the US market. Major US trading venues, such as the Chicago Mercantile Exchange (CME), New York Stock Exchange (NYSE), and Nasdaq, have all developed tokenized asset programs.

The eight companies are Securitize, 21X, Seturion under the Stuttgart Stock Exchange Group, Central Securities Depository, Lise, OpenBrick, STX, and Axiology.