– DLT alliance calls on the EU to act now on the DLT Pilot Regime –
FRANKFURT – February 5, 2026: Together with the Alliance of Authorised DLT Market Infrastructure Operators and Applicants under the EU DLT Pilot Regime, 21X – the world’s first fully regulated distributed ledger technology-based trading and settlement system (DLT TSS) – today addressed a joint letter to the European Commission, the European Parliament and the Council.
A copy of the full letter is available here
21X explicitly welcomes the efforts reflected in the Market Integration and Supervision Package (MISP). Recognising DLT as a strategic foundation for modern capital markets is the right and necessary step. What matters now is that this ambition translates into timely and effective application.
While the United States is rapidly advancing toward industrial-scale tokenization and fully digital T+0 settlement, Europe risks remaining structurally constrained until 2030 as a result of the lengthy legislative process. Liquidity does not wait.
Against this backdrop, the Alliance proposes a targeted, minimally invasive quick fix to the existing DLT Pilot Regime, focused on three concrete points:
- Expansion of the eligible asset scope to all financial instruments, without reducing investor protection
- An increase of the current volume caps from EUR 6–9 billion to at least EUR 100–150 billion (approximately one percent of the EU equity market)
- Removal of the six-year limitation on DLT licences, to enable long-term planning certainty and investment
These adjustments represent a limited but necessary corrective measure to the current DLT Pilot Regime, intended to preserve market development and the international competitiveness of the DLT-based capital market until the MISP implements the required far-reaching revisions to the DLT Pilot Regime.
In digital financial market regulation, direction and speed must advance together.
– end –
About 21X
21X is a Frankfurt-based financial institution at the forefront of revolutionizing capital markets through the use of blockchain technology. On 8th September 2025, 21X opened the first ever fully regulated distributed ledger technology trading and settlement system (DLT TSS) in the EU, positioning the company as a leader in the transition from traditional to tokenized asset-based capital markets. 21X enables atomic trading without counterparty or credit risk through smart contract-based issuance, trading and settlement of tokenized stocks, bonds and funds.
See the short explainer video on 21X and our blockchain-based exchange here
For more information on 21X, contact:
Richie MacTaggart, head of PR & marketing
Mail: press@21X.eu
Mob: +44 7828173419
Web: www.21x.eu
LinkedIn: www.linkedin.com/company/21x/
