Home / Business and Economy / Spain Greenlights EU's First Blockchain Trading System
Spain Greenlights EU's First Blockchain Trading System
29 Nov
Summary
- Securitize received Spanish regulatory approval for the EU's first blockchain trading system.
- This authorization allows seamless trading of tokenized securities across all 27 EU member states.
- Avalanche infrastructure was selected for its performance and regulatory compliance capabilities.
Securitize has been granted full regulatory authorization by Spain's CNMV to operate the European Union's inaugural blockchain-based Trading and Settlement System. This significant achievement, following four years of extensive regulatory engagement, enables Securitize to deploy tokenized securities on Avalanche infrastructure, with initial operations slated for early 2026. The company is now uniquely licensed to manage regulated digital securities infrastructure in both the United States and the European Union, effectively creating a direct link between these two major financial markets.
The EU's DLT Pilot Regime framework has been instrumental in this development, allowing for the testing of distributed ledger technology in financial market infrastructure. This new system integrates the functions of a Multilateral Trading Facility and a Central Securities Depository onto a single digital platform. This facilitates the seamless trading and settlement of tokenized stocks and bonds across all 27 EU member states, marking a substantial step forward in digital asset integration within traditional finance.
Securitize's selection of Avalanche infrastructure highlights the blockchain's capacity for institutional-grade performance, including sub-second finality and the creation of purpose-built blockchains that meet stringent regulatory demands. This choice addresses key concerns regarding blockchain performance within traditional financial systems, paving the way for predictable settlement times and robust compliance frameworks essential for regulated trading venues.
