Nasdaq and Boerse Stuttgart Urge EU to Raise or Remove Tokenization Trial Cap

Nasdaq, Boerse Stuttgart and other members of a coalition are asking the European Union to remove or increase the limit applied in its tokenization trial, according to CoinDesk. The group argues that the current cap is too low for the initiative and points out that some existing European projects have already exceeded it. The request highlights a gap between the trial’s limit and the scale reached by certain tokenization projects in Europe. The coalition has not been described as seeking a specific replacement threshold in the supplied report. The appeal comes as the participants call for the EU to adjust the framework governing the trial, either by eliminating the cap or setting it at a higher level.