Securitize, the ‘Spanish’ unicorn, gets CNMV approval for tokenized securities exchange
Securitize, a leading global fintech in asset tokenization, has received approval from Spain’s CNMV to operate a regulated trading and settlement system for tokenized financial instruments, marking a major milestone for the adoption of blockchain in European capital markets.
The authorization allows Securitize to launch a digital infrastructure where tokenized assets such as shares and bonds can be issued, traded, and settled on a single blockchain-based platform. The firm plans to list its first tokenized instrument on this new exchange in early 2026.
With this approval, Securitize becomes the only company authorized to operate regulated digital securities infrastructures both in Europe and the U.S., opening access for issuers and investors to participate across both markets. The move follows collaboration with key European regulators, including the CNMV, ESMA, Banco de España, and the European Central Bank.
“This is a token-native exchange where trading and settlement are integrated, reducing intermediaries and allowing near-instant settlement through smart contracts,” explained Jorge Serna, CEO of Securitize Europe, at the Finect Investment on Change 2025 event. He added that while competition with traditional exchanges is expected, Securitize remains focused on tokenized assets.
Huge step for the sector in Europe
Securitize has already tokenized over $4 billion in assets through collaborations with major global asset managers and was responsible for the tokenization of BlackRock’s BUIDL fund in 2024, currently the largest tokenized asset worldwide.
The CNMV’s approval designates Securitize Europe Brokerage and Markets, S.V., S.A. as the operator of the first Distributed Ledger Technology (DLT) trading and settlement system under the EU’s pilot regime. The system will allow the trading of tokenized shares and bonds, with temporary exemptions from some existing regulatory requirements to foster innovation and assess the safety and efficiency of DLT-based markets.
With this step, Securitize is poised to shape the future of tokenized securities in Europe, offering a fully regulated, blockchain-native alternative to traditional financial markets.
Sources:
- Finect – https://www.finect.com/usuario/avillanuevae/articulos/securitize-luz-verde-bolsa-tokenizada
