Regulatory Framework - Europe has established itself as a leader in the tokenised asset market with the implementation of MiCA and the DLT Pilot Regime, creating a unified regulatory framework that enhances compliance as a competitive advantage [1][5] - The regulatory clarity provided by the EU is essential for institutions to develop long-term strategies and for retail investors to have transparent protections [2] Market Growth and Tokenisation - Tokenisation is becoming the foundation for institutional blockchain adoption, with major firms like BlackRock, JPMorgan, and Goldman Sachs exploring related initiatives, although growth is still limited by regulatory uncertainty and interoperability issues [3] - The value of tokenised real-world assets (RWAs) increased by 260% in the first half of 2025, reaching $23 billion, indicating a significant shift from experimental concepts to core digital-asset infrastructure [4] Institutional Adoption and Infrastructure - European banks have begun issuing tokenised bonds on regulated platforms, with issuance exceeding €1.5 billion in 2024, marking a transition from pilot programs to live deployments [5] - The next phase of tokenisation will focus on interoperability and shared standards, which are crucial to avoid recreating traditional finance's silos in the digital realm [6][7] Future Opportunities - The EU has the opportunity to set global standards for tokenised markets by promoting cross-chain interoperability and common disclosure standards, which would facilitate scaling without past fragmentation issues [8]