Securitize wins EU approval to operate tokenized trading and settlement system, selects Avalanche

Securitize has received authorization under the EU’s DLT Pilot Regime from Spain’s National Securities Market Commission (CNMV) to operate a regulated trading and settlement system across the bloc. This approval makes Securitize the only firm with licensed tokenization infrastructure in both the U.S. and the EU. For this European system, Securitize will deploy its infrastructure on the Avalanche blockchain, citing its near-instant settlement capabilities and configurable architecture suitable for institutional use, with the first issuance expected in early 2026. This new authorization complements a prior Investment Firm license from CNMV, which allowed Securitize to execute orders and custody assets across major EU jurisdictions. The new approval enables the firm to operate the underlying market infrastructure for issuing, trading, and settling tokenized securities, connecting directly to its existing U.S. operations. Securitize is a key provider for institutions like BlackRock, Apollo, and VanEck, and currently issues BlackRock's BUIDL fund.

(Source：The Block)