EU finance groups push to remove tokenized securities cap
European financial and tokenization groups want EU lawmakers to scrap a proposed 100 billion euro cap on tokenized financial instruments or raise it to at least 500 billion euro. In a Sept. 7 draft letter to EU policymakers, signatories including Nasdaq, Boerse Stuttgart Group, Securitize, the European Ethereum Institute and Axiology argued that some European projects already reach 350 billion euro and need room to scale. They also said the EU would fall behind the US, where tokenization can expand without volume caps. The push targets revisions to the EU’s DLT Pilot Regime, which lets firms test blockchain-based trading and settlement under regulatory exemptions. The European Commission has proposed lifting the current 6 billion euro limit to as much as 100 billion euro. Industry groups have repeatedly pressed for higher limits, broader asset eligibility and longer-lived licenses, warning that liquidity could migrate to US markets if Europe moves too slowly.
