證券化、代幣化交易和歐盟批准：數字證券的新時代

探索 Securitize 歐盟對代幣化證券交易的批准、其影響以及更廣泛的代幣化前景。這是金融的未來嗎？

Securitize, Tokenized Trading, and EU Approval: A New Era for Digital Securities

證券化、代幣化交易和歐盟批准：數字證券的新時代

The financial world is buzzing about tokenization, and Securitize is leading the charge. With recent EU approval and strategic partnerships, are we witnessing the dawn of a new era for digital securities? Let's dive in.

金融界正在熱議代幣化，而 Securitize 正在引領潮流。隨著歐盟最近的批准和戰略合作夥伴關係，我們是否正在見證數字證券新時代的曙光？讓我們深入了解一下。

Securitize's Groundbreaking EU Approval

Securitize 獲得歐盟突破性批准

In November 2025, Spain’s National Securities Market Commission (CNMV) gave Securitize the green light to operate a fully regulated trading and settlement system for tokenized securities across the European Union. This landmark approval, granted under the EU’s DLT Pilot Regime, positions Securitize as the first company licensed to operate such infrastructure in both the US and the EU. Talk about a global powerhouse!

2025 年 11 月，西班牙國家證券市場委員會 (CNMV) 為 Securitize 開了綠燈，允許其在整個歐盟運營一個完全受監管的代幣化證券交易和結算系統。這項具有里程碑意義的批准是在歐盟 DLT 試點制度下獲得的，使 Securitize 成為第一家在美國和歐盟獲得運營此類基礎設施許可的公司。談論全球強國！

But what does this actually mean? Simply put, Securitize can now offer a complete service for security tokens, from issuance to trading and settlement, all within a single transaction. This streamlined process, expected to launch with its first tokenized assets in early 2026, promises to revolutionize how securities are managed and traded.

但這實際上意味著什麼？簡而言之，Securitize 現在可以為證券型代幣提供完整的服務，從發行到交易和結算，全部在一次交易中完成。這一簡化流程預計將於 2026 年初推出首個代幣化資產，有望徹底改變證券的管理和交易方式。

Why Avalanche? Speed and Compliance

為什麼是雪崩？速度和合規性

Securitize is building its EU platform on the Avalanche blockchain. Why Avalanche? Speed is key for reducing settlement risk. Avalanche also offers permissioned subnets, customizable blockchain environments designed to meet regulatory compliance requirements. This provides the privacy financial institutions need while ensuring transparency on a public blockchain. It's a win-win!

Securitize 正在 Avalanche 區塊鏈上構建其歐盟平台。為什麼是雪崩？速度是降低結算風險的關鍵。 Avalanche 還提供許可子網、可定制的區塊鏈環境，旨在滿足監管合規性要求。這提供了金融機構所需的隱私，同時確保公共區塊鏈的透明度。這是雙贏的！

Avalanche's ecosystem is booming, with over $1 billion in real-world assets already tokenized on the network, including BlackRock’s BUIDL fund. The total value locked in BUIDL is over $2.05 billion. This shows the growing confidence in Avalanche as a platform for tokenizing real-world assets.

Avalanche 的生態系統正在蓬勃發展，超過 10 億美元的現實世界資產已在網絡上代幣化，其中包括貝萊德的 BUIDL 基金。 BUIDL 鎖定的總價值超過 20.5 億美元。這表明人們對 Avalanche 作為現實世界資產代幣化平台的信心不斷增強。

Securitize's Expansion and Strategic Moves

Securitize 的擴張和戰略舉措

This EU approval isn't Securitize's first foray into Europe. Back in December 2024, they secured an Investment Firm license from the same Spanish regulator, later extended to Germany, France, and Italy. This earlier license allows them to execute orders and provide custody services. Now, with the CNMV approval, Securitize is operating at a higher level, akin to a stock exchange or clearinghouse.

歐盟的批准並不是 Securitize 首次進軍歐洲。早在 2024 年 12 月，他們就從同一家西班牙監管機構獲得了投資公司許可證，後來又擴展到德國、法國和意大利。這個早期的許可證允許他們執行訂單並提供託管服務。現在，隨著 CNMV 的批准，Securitize 正在更高的層面上運營，類似於證券交易所或清算所。

Adding to the excitement, Securitize announced a deal to become a publicly traded company through a merger with Cantor Equity Partners II, valuing the company at a cool $1.25 billion. With partnerships with major asset managers like Apollo, BlackRock, and KKR, Securitize is clearly playing in the big leagues.

更令人興奮的是，Securitize 宣布通過與 Cantor Equity Partners II 合併成為一家上市公司，該公司的估值高達 12.5 億美元。憑藉與 Apollo、BlackRock 和 KKR 等主要資產管理公司的合作，Securitize 顯然正在躋身大聯盟。

Tokenization Beyond Securitize: A Growing Trend

超越證券化的代幣化：日益增長的趨勢

Securitize isn't alone in the tokenization game. Competitors like Germany’s Boerse Stuttgart and Switzerland’s Taurus are also developing similar settlement platforms. This shows that the tokenization trend is gaining momentum across Europe.

Securitize 並不是唯一參與代幣化遊戲的公司。德國的斯圖加特證券交易所和瑞士的金牛座等競爭對手也在開發類似的結算平台。這表明代幣化趨勢正在整個歐洲蓬勃發展。

And the potential is huge! A Boston Consulting Group report estimates that the total value of tokenized assets could reach $18 trillion by 2033. That's not chump change!

而且潛力巨大！波士頓諮詢集團的一份報告估計，到 2033 年，代幣化資產的總價值可能達到 18 萬億美元。這可不是小錢！

The Plume Partnership: Institutional Assets on the Blockchain

Plume 合作夥伴關係：區塊鏈上的機構資產

Securitize isn't just focused on Europe. They're also making waves in the US. Their partnership with Plume, a blockchain specializing in regulatory-compliant real-world assets, is a game-changer. This collaboration will deploy institutional assets on the Plume network, bridging traditional finance with decentralized innovation.

證券化不僅僅關注歐洲。他們也在美國掀起波瀾。他們與專門從事符合監管的現實世界資產的區塊鏈 Plume 的合作改變了遊戲規則。此次合作將在 Plume 網絡上部署機構資產，將傳統金融與去中心化創新聯繫起來。

The initial deployment will feature funds from Hamilton Lane, with plans to expand across multiple issuers and asset classes through 2026. Solv Protocol's commitment of up to $100 million to Plume’s RWA vaults provides substantial financial backing. And with Bluprynt’s Know Your Issuer (KYI) verification, compliance is a top priority.

最初的部署將由 Hamilton Lane 提供資金，併計劃到 2026 年擴展到多個發行機構和資產類別。 Solv Protocol 承諾向 Plume 的 RWA 金庫提供高達 1 億美元的資金，提供了大量的財務支持。通過 Blupynt 的“了解您的發行人”(KYI) 驗證，合規性成為重中之重。

Ondo Finance: Another Player in the Tokenized RWA Space

Ondo Finance：代幣化 RWA 領域的另一個參與者

Ondo Finance is another company making strides in the tokenized real-world asset (RWA) space. They recently purchased $25 million of YLDS, a yield-bearing stablecoin issued by Figure Technology Solutions, to strengthen their OUSG product, which gives investors exposure to U.S. Treasuries.

Ondo Finance 是另一家在代幣化現實世界資產 (RWA) 領域取得進展的公司。他們最近購買了價值 2500 萬美元的 YLDS（一種由Figure Technology Solutions 發行的有收益的穩定幣），以加強其 OUSG 產品，該產品為投資者提供了美國國債的投資機會。

Ondo has also expanded its tokenized asset offerings to the BNB Chain and received regulatory approval to bring its products to the European Union. While the ONDO token has faced some selling pressure, the company's strategic moves suggest a promising future in the tokenized RWA market.

Ondo 還將其代幣化資產產品擴展到 BNB 鏈，並獲得監管部門批准將其產品引入歐盟。雖然 ONDO 代幣面臨一些拋售壓力，但該公司的戰略舉措表明代幣化 RWA 市場前景光明。

Final Thoughts: Is Tokenization the Future?

最後的想法：代幣化是未來嗎？

With Securitize's EU approval, strategic partnerships, and the growing adoption of tokenization by other players like Ondo Finance, it's hard to ignore the potential of this technology. The combination of regulatory compliance, institutional backing, and blockchain efficiency creates a compelling case for mainstream adoption.

隨著 Securitize 獲得歐盟批准、戰略合作夥伴關係以及 Ondo Finance 等其他參與者越來越多地採用代幣化，很難忽視這項技術的潛力。監管合規性、機構支持和區塊鏈效率的結合為主流採用創造了令人信服的案例。

While the journey may have its bumps, the direction is clear: tokenization is poised to transform the financial landscape. So, buckle up and get ready for the ride! Who knows, maybe one day we'll all be trading tokenized assets from our smartphones while sipping lattes in a Parisian café. The future is closer than you think!

儘管旅程可能會遇到坎坷，但方向是明確的：代幣化有望改變金融格局。所以，係好安全帶，準備好出發吧！誰知道呢，也許有一天我們都會在巴黎咖啡館喝著拿鐵咖啡時通過智能手機交易代幣化資產。未來比你想像的更近！