Securitize Gets EU Approval for Tokenized Trading Platform
The post Securitize Gets EU Approval for Tokenized Trading Platform appeared on BitcoinEthereumNews.com.
Key Highlights Securitize received a major approval from Spain’s CNMV to operate a fully regulated trading and settlement system for tokenized securities across the EU The approval will allow the company to offer a service for the issuance, trading, and settlement of tokenized assets in a single transaction The platform will be built on the Avalanche blockchain to use its institutional-grade compliance On November 26, Spain’s National Securities Market Commission (CNMV) granted approval to Securitize to operate a fully regulated trading and settlement system for tokenized securities across the European Union. The platform will be built on the Avalanche blockchain due to its ability to process transactions in a faster manner while keeping fees low. According to the official announcement, this approval was granted under the EU’s specialized Distributed Ledger Technology (DLT) Pilot Regime. This license will make Securitize the first and only company to be licensed to operate such market infrastructure in both the United States and the European Union. Securitize Expands Its Operations in Europe Amid the boom in the tokenized economy, this is not the first time that Securitize got approval. In December 2024, the company secured an Investment Firm license from the same Spanish regulator, which was later extended to major countries like Germany, France, and Italy. This license allows it to execute orders and provide custody services. The new approval from CNMV will place the company at a higher level of a market infrastructure operator, similar to a stock exchange or a clearinghouse. In simple words, this approval will allow the company to offer a complete service for security tokens, from the moment they are issued to the moment they are traded and finally settled. This entire process will take place on a single transaction. According to the report, the first tokenized assets on this…
