Securitize prepares to launch Avalanche (AVAX)-based EU security token platform

JH Kim

Summary

Securitize said it is preparing to launch an Avalanche (AVAX)-based security token platform after receiving EU regulatory approval.
The new platform will provide tokenization, trading, custody, and distribution of real-world assets, and said it primarily targets corporate and institutional investors.
Securitize's acquisition of an EU-U.S. dual license was seen as an important milestone in the expansion of the global tokenization market.

Tokenization specialist Securitize has obtained EU regulatory approval and is set to launch a new security token platform on the Avalanche (AVAX) network.

On the 26th (local time), crypto-focused media CoinDesk reported that by officially securing an EU license, Securitize became a security token operator licensed in both the EU and the United States. With this approval, Securitize will be able to offer an Avalanche-based tokenization platform in the European market.

The new platform supports the tokenization, trading, custody, and distribution of real-world assets and is primarily aimed at corporate and institutional investors. As the MiCA regulatory framework in the EU begins to take effect, Securitize's acquisition of dual licenses is seen as an important milestone in the global competition to expand the tokenization market.

The company said, "We can provide regulatory-based infrastructure in Europe, where the tokenization market is rapidly growing," and expressed its intention to expand services.

AVAX