Securitize has achieved a significant regulatory milestone, receiving authorization to launch a blockchain-powered trading and settlement platform throughout the European Union. This approval, granted by Spain’s National Securities Market Commission (CNMV) under the EU’s DLT Pilot Regime, marks a major advancement in merging digital assets with conventional financial systems. With this license, Securitize is now permitted to operate as both an Investment Firm and a Trading and Settlement System (TSS), making it the only organization worldwide with regulatory clearance to provide digital securities infrastructure in both the EU and the United States.
This achievement is the result of four years of close cooperation with regulatory bodies such as the European Securities and Markets Authority (ESMA), the European Central Bank, and the Bank of Spain. The approval highlights the increasing acceptance of blockchain technology within institutional finance circles.
The new TSS will be built on the Avalanche blockchain, selected for its rapid transaction processing and robust scalability suitable for institutional use. Avalanche’s design enables near-instant settlements and supports customizable blockchains that can be tailored to meet regulatory standards. This infrastructure will allow for efficient trading and settlement of tokenized assets—including stocks, bonds, and investment funds—across all 27 EU countries. By connecting the U.S. and European markets, Securitize aims to simplify cross-border trading, minimize delays and counterparty risks, and increase transparency. The company’s U.S. operations, which already include a registered broker-dealer and an alternative trading system, are now integrated with its European platform, creating a unified solution for global capital markets.
With this approval, Securitize extends its Investment Firm license—originally obtained in December 2024—to major European markets such as Germany, France, Italy, and Luxembourg. This expansion enables the company to execute trades, safeguard assets, and manage tokenized securities under a single regulatory regime. In Spain, Securitize’s ERIR (Electronic Registration and Identification Record) status further establishes its position as a digital transfer agent, supporting comprehensive asset lifecycle management. The company intends to introduce its first tokenized assets in the EU, including equity and debt products, in early 2026, reflecting a broader industry movement toward blockchain-based finance.
The collaboration with Avalanche has generated positive momentum in the market. Following the announcement, AVAX—the native token of Avalanche—rose above $15, with analysts predicting further gains as institutional adoption increases. Avalanche’s proven track record with institutional clients, such as Apollo and J.P. Morgan, demonstrates its ability to support large-scale financial operations. Securitize’s use of Avalanche aligns with its ambition to tokenize $4 trillion in real-world assets, leveraging the blockchain’s compatibility with Ethereum Virtual Machine (EVM) and its customizable subnets to address both regulatory and operational needs.
This regulatory breakthrough is a pivotal moment for blockchain integration in finance, helping to unify fragmented capital markets and encourage innovation within regulated environments. Securitize’s leadership is further underscored by its $1.25 billion SPAC merger, which will see the company listed on Nasdaq as SECZ, and its management of BlackRock’s BUIDL fund, now overseeing $4 billion in blockchain-based assets. As the first company to operate a regulated TSS in both the U.S. and EU, Securitize is poised to set a benchmark for cross-border digital securities platforms, driving the tokenization of traditional assets and boosting liquidity in global markets.