Quick Take
  • The milestone comes after four years of regulatory work involving the CNMV, ESMA, Bank of Spain, and European Central Bank.
  • Securitize’s first issuance under the EU TSS framework on Avalanche is expected in early 2026.
  • That license has been passported across major EU jurisdictions, including Germany, France, Italy, Luxembourg, and the Netherlands.
  • “Tokenizing the world means removing the borders that have historically fragmented global capital markets,” said Securitize CEO Carlos Domingo.

What Happened

Securitize Europe Brokerage and Markets, SV SA, previously obtained its Investment Firm license in December 2024, covering order execution, custody, transfer-agent services, and market infrastructure operation.

“Becoming the only firm licensed to operate regulated digital-securities infrastructure across both the U.S. and the EU puts us in a unique position to connect issuers and investors across the world’s two largest financial markets.“

Global asset managers, including KKR, Apollo, and J.P. Morgan, have previously deployed customized blockchains on Avalanche for tokenized fund launches.

“We’re proud to support Securitize as they launch the first pan-European TSS powered by Avalanche.“

AVAX rallied 6.74% to $14.95 following the announcement, driven by renewed institutional confidence in the blockchain’s position as infrastructure for regulated markets.

In September 2024, AgriFORCE Growing Systems announced plans to rebrand as AVAX One and raise $550 million to accumulate more than $700 million in AVAX tokens.

Market Context

Securitize has secured full regulatory authorization from Spain’s CNMV to operate the European Union’s first blockchain-based Trading and Settlement System, with Avalanche selected as the underlying infrastructure for initial deployment.

The approval positions Securitize as the only company globally licensed to run a regulated digital securities infrastructure across both the United States and the European Union, creating a direct bridge between the world’s two largest capital markets.

Historic Authorization Unlocks Pan-European Digital Markets

The Spanish securities regulator approved SECURITIZE as a Trading and Settlement System under the EU’s DLT Pilot Regime, a regulatory sandbox for testing distributed ledger technology in financial market infrastructure.

The framework combines the functions of a Multilateral Trading Facility and a Central Securities Depository into a single digital platform, enabling tokenized stocks and bonds to trade and settle seamlessly across all 27 EU member states.

“Tokenizing the world means removing the borders that have historically fragmented global capital markets,” said Securitize CEO Carlos Domingo.

The architecture provides institutions with predictable settlement times and compliance frameworks essential for regulated trading venues, addressing longstanding concerns about blockchain performance in traditional finance.

Tom Murphy, Head of Communications at Securitize, emphasized the significance of the four-year licensing process, stating the European team had been “quite literally redefining how global financial markets operate.“

The Securitize approval follows a wave of institutional capital commitments to the Avalanche ecosystem throughout 2024 and 2025.

Why It Matters

Securitize’s first issuance under the EU TSS framework on Avalanche is expected in early 2026.

Details

The milestone comes after four years of regulatory work involving the CNMV, ESMA, Bank of Spain, and European Central Bank.

That license has been passported across major EU jurisdictions, including Germany, France, Italy, Luxembourg, and the Netherlands.

The authorization grants Securitize ERIR status in Spain, the digital transfer-agent role that enables end-to-end management and servicing of tokenized assets throughout their lifecycle.

Avalanche Chosen for Institutional-Grade Performance

Securitize selected Avalanche’s blockchain infrastructure for its sub-second finality and ability to deploy purpose-built blockchains tailored to regulatory requirements.

“Avalanche was designed for the performance and predictability required to tokenize the world’s assets,” said Ava Labs President John Wu.

Growing Institutional Momentum Behind Avalanche

At that time, the company aimed to position itself as the first Nasdaq-listed company dedicated to maximizing ownership of the blockchain’s native asset.