Securitize has achieved a significant global regulatory milestone, becoming the first firm authorized to operate a regulated system for trading and settling tokenized securities in the European Union, built upon the Avalanche blockchain.
This approval, granted by Spain’s National Securities Market Commission (CNMV), allows Securitize Europe Brokerage and Markets to launch a native blockchain-based infrastructure for trading and settling tokenized assets, including shares and bonds, within a supervised European financial environment. The firm is now uniquely positioned as the only company globally holding comprehensive licenses in both the United States and the European Union for the entire lifecycle of regulated tokenized securities, from issuance to trading and settlement.
🚨 Securitize obtiene autorización de la CNMV para operar en la UE 🚨
Primera firma autorizada para un sistema regulado de negociación y liquidación de valores tokenizados.
Operará sobre la red Avalanche, conocida por su liquidación instantánea.
Esto refuerza la tokenización… pic.twitter.com/8UFHTpL6lu
— Diario฿itcoin (@DiarioBitcoin)
The newly authorized system will operate on the Avalanche network, chosen for its near-instant settlement capabilities and architecture that meets institutional requirements. This selection ensures low latency and compliance with European regulatory standards, aiming to foster confidence among financial participants. The first issuance under this new European regime is anticipated in early 2026.
This authorization falls under the European Union’s DLT Pilot Regime, an experimental program designed to license market infrastructures built on distributed ledger technology. Its objective is to securely integrate traditional financial markets with blockchain networks under a controlled framework.
Securitize has been expanding its European footprint. It obtained an investment firm license in Spain in December 2024, enabling it to execute orders, custody assets, and act as a digital transfer agent for tokenized securities. This Spanish license was subsequently recognized in Germany, France, Italy, Luxembourg, and the Netherlands.
The move marks a decisive step for Securitize’s expansion in Europe, solidifying the connection between traditional financial systems and decentralized networks. The adoption of tokenized financial values is expected to accelerate, particularly among institutional investors seeking secure and regulated environments.
Tokenization has the potential to enhance efficiency, boost liquidity, and broaden access to financial instruments for a wider range of participants. However, the DLT Pilot Regime remains in its early stages. By mid-2025, only three DLT infrastructures had received approval within the European Union, indicating a cautious approach in the market.
The successful implementation and scalability of Securitize’s European system will serve as a crucial test. The DLT Pilot Regime, effective since 2022, aims to evaluate the viability of integrating blockchain-native markets into the EU’s financial framework, ensuring innovation progresses with clear rules to mitigate risks often associated with unregulated markets. While a European development, its success could have global implications, potentially opening up international market access via blockchain and reducing traditional barriers.