Delays by the US Congress in adopting clear rules for digital assets could accelerate the expansion of tokenization companies into Europe, the UAE and Asia. According to Edwin Mata, Brickken’s CEO and cofounder, these jurisdictions offer greater legal certainty, while the US remains an essential market because of its deep capital markets and institutional investor base. The UAE stands out for close cooperation between regulators and digital asset companies, while Europe has the MiCA framework for crypto-assets, even though tokenized securities remain subject to existing financial rules. Brickken, a Barcelona-founded platform that has supported more than $660 million in tokenized assets across over 40 countries, remains committed to expanding in the US but needs predictable treatment of tokenized securities and clearer compliance requirements. Mata expects meaningful US regulatory progress within the next two years, although the timing of comprehensive legislation remains uncertain.
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