Securitize wins EU approval for tokenized trading system on Avalanche
PositiveCryptocurrency
- Securitize has received full approval from the European Union to operate a regulated tokenized trading and settlement system on the Avalanche blockchain, becoming one of the first firms to do so under the EU’s DLT Pilot Regime. This approval allows Securitize to facilitate the issuance and trading of tokenized assets across both U.S. and EU markets.
- This development is significant for Securitize as it positions the company at the forefront of blockchain-based market infrastructure, enhancing its ability to offer innovative financial solutions and expand its market reach in the rapidly evolving cryptocurrency landscape.
- The approval aligns with broader trends in the cryptocurrency sector, where regulatory clarity is increasingly sought after. Securitize's initiative to establish a tokenized securities platform reflects a growing interest in decentralized finance and the potential for blockchain technology to reshape traditional financial markets.
— via World Pulse Now AI Editorial System
