European tokenization firms press EU to ease DLT Pilot limits as US tokenized markets progress

Several European tokenization and financial infrastructure firms have urged the EU to amend its DLT Pilot Regime, arguing that tight asset categories, issuance caps, and a 6-year license limit are stalling blockchain-based market growth. They warn Europe could fall behind the US, where regulators have issued a DTCC no-action letter and clarified tokenized securities rules, paving the way for larger-scale tokenized trading and faster settlement.