Tokenized securities pilot cap may be removed or raised, Nasdaq and other institutions call on EU to expand pilot

Odaily News: An industry coalition comprising Nasdaq, the Stuttgart Stock Exchange, and other institutions has called on the EU to remove or raise the cap on tokenized securities pilot programs, stating that the current cap is too low and that some existing European tokenization projects have already exceeded this limit. The coalition recommends that the EU expand the pilot scope so that market participants can further test blockchain-based securities issuance, trading, and settlement models.