The report presented by DigiShares provides an overview of relevant legislation on the EU level, including current regulations and planned future regulations, and how this could potentially influence the security token and tokenization industries.
The report has specific focus on the trading of tokenized securities within the European Union and how this can be facilitated with different types of licenses within the regulatory regime, including bulletin boards, Over-the-Counter (OTC) marketplaces, MTFs (Multi-Lateral Trading Facilities), and DEX’es (Decentralized Exchanges).
Tokenized securities should be regarded as “just” digitized representations of normal securities. And as such, the EU should not invent parallel legislation to handle tokenized securities, but rather make minor modifications and extensions to existing legislation in order to facilitate increased digitization, automation, and decentralization, as introduced by the increasing innovation in the blockchain, crypto and DeFi ecosystems.
The industry report can be obtained by request on the DigiShares homepage: https://www.digishares.io
DigiShares provides an asset management platform for real estate and other assets, combining crowdfunding, corporate management, and trading in a single platform. We bring digitization, automation, cost reduction, fractionalization and liquidity to the world of real assets and private equity.