Two of the biggest names in exchange operations are telling European regulators the same uncomfortable thing: the bloc’s tokenization sandbox is too small to matter. Nasdaq and the Boerse Stuttgart Group have formally pushed the European Union to loosen or scrap the EU tokenization caps that currently box in the DLT Pilot Regime, arguing that Europe risks losing institutional-scale digital asset business to the United States if Brussels doesn’t act fast.
Key takeaways
Nasdaq and Boerse Stuttgart Group have asked EU lawmakers to raise or eliminate the tokenized securities caps under the DLT Pilot Regime.
The current EU limit stands at €6 billion in aggregate market value, with a hard exit threshold of €9 billion.
The European Commission has proposed lifting that ceiling to €100 billion as part of a December 2025 revision.
An industry coalition wants far more: caps between €150 billion and €1.5 trillion, or no caps at all.
The US market already permits tokeniz
We współpracy z: https://en.cryptonomist.ch/2026/09/10/eu-tokenization-caps-europe/
