Regulation· ★★★· neutral·

Tokenized Stocks Outpace European Exchanges Amid Market Fragmentation

  • The EU has about 30 venues and 20 depositories, while the US has one depository, DTCC
  • 300 billion euros of European savings flow to foreign markets each year
  • Robinhood gave the EEA access to 200+ tokenized US stocks and ETFs
  • DLT pilot limits: 6 billion euros for infrastructure and 500 million for issuance
Why it matters: Tokenizing stocks gives the EU a chance to retain capital, but without infrastructure consolidation and higher DLT limits, the advantage will remain with crypto platforms.
Source: Journal du Coin