2026 - Semaine 1
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Last week, tokenization firm Securitize obtained authorization to operate a DLT-based market infrastructure under the EU’s Pilot Regime, a regulated exemption framework that allows for the trading and settlement of tokenized securities under direct supervision. With this approval, Securitize is now the only firm running regulated digital-securities infrastructure in both the United States and Europe.
Why it matters
Securitize has emerged as one of the most active players in institutional tokenization. The company has already tokenized more than $3.5 billion in assets and works with firms such as Apollo, VanEck, and BNY Mellon. Backed by BlackRock, Securitize also serves as the transfer agent and technology provider for BUIDL, the asset manager’s on-chain money market fund.
Authorized by the CNMV, Spain’s financial markets regulator, Securitize’s trading venue will run on the Avalanche blockchain. This marks the next step in the company’s strategy to integrate all core functions of the tokenization lifecycle into a single, unified platform.
A tokenized market only works when issuance, trading, settlement, and transfer-agency operate on a single digital framework. Splitting those functions across multiple intermediaries recreates the same friction tokenization is meant to remove,” explained Carlos Domingo, CEO and founder of Securitize, to Blockstories.
We spoke with him about Securitize’s plans to enter and scale in Europe, how they intend to connect the two markets, and the rationale behind the first products they plan to launch.
On Securitize’s motivation to launch in Europe
Europe is still early in its tokenization journey, but it remains the world’s second-largest capital market. If we’re serious about our slogan “tokenize the world”, we have to build for both the U.S. and Europe. The DLT Pilot Regime has created the right regulatory conditions for adoption, and we believe this is the moment to expand.
For us, it’s also personal. Many of us at Securitize, myself included, are from Spain. Bringing regulated, scalable tokenization to European markets feels like bringing home the technology we’ve spent years developing.
On how Securitize plans to enter and scale in the European market
Our strategy in Europe follows the same model that has already scaled to billions in the U.S. We partner with leading asset managers, bring high-quality products to market, and distribute them through both traditional financial channels and crypto-native platforms.
Partnerships remain central to that approach. We see two categories of innovation: the kind that improves efficiency in existing markets, and the kind that enables entirely new use cases. A good example of the latter is how BUIDL, BlackRock’s tokenized money market fund is now used as collateral on Binance, Crypto.com, and Deribit, something that simply wasn’t possible before tokenized assets existed.
On connecting U.S. and European markets
The goal is to make tokenized securities work seamlessly across both regions. An issuer or investor should have a unified experience, one compliance framework, one investor record, and one set of lifecycle-management rules, whether that asset is issued in Madrid or New York.
Operationally, it means that corporate actions, distributions, settlement, and reporting can all flow through the same infrastructure. We can maintain the regulatory protections of each jurisdiction while operating on a single digital backbone.
Doing that requires working within each regulatory perimeter, which is why we became a regulated broker-dealer and market operator in both regions. By embedding those rules directly into the tokens, cross-border movement becomes far more efficient than traditional workflows.
On which products to expect in the next 12 months
Our roadmap for Europe mirrors what has already scaled in the U.S. Over the next six to twelve months, we’ll focus on tokenized treasuries and cash equivalents, private credit, and natively tokenized equities. One important milestone will be tokenized UCITS, which bridges institutional products with broader retail distribution.
The strategy is straightforward: start with asset classes where tokenization has already proven its value, then expand through regulated issuance, listing, and trading as the European framework matures.
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