EU tokenization firms seek DLT Pilot Regime fixes as US tokenization rules advance in 2025

A group of European tokenization and market infrastructure firms has asked EU legislators to rapidly amend the DLT Pilot Regime, arguing that current asset limits, volume caps and license durations are holding back regulated onchain markets. They warn that without a narrow technical fix, tokenized asset activity may shift to the United States, where regulators and major exchanges have already moved to clarify how tokenized securities can be issued, custodied and settled within existing frameworks.