European finance and crypto industry groups have urged the European Union to remove size limits on tokenized securities platforms or raise any retained ceiling to at least €1.5 trillion, approximately $1.74 trillion. In a letter submitted to the EU Council and the European Parliament's Economic and Monetary Affairs Committee, the coalition said the European Commission's proposed €100 billion cap would restrict tokenized capital markets, noting that some existing European projects already exceed that level by more than three times. Signatories included Nasdaq, Securitize, the Stuttgart Stock Exchange, the European Ethereum Institute and Axology. The Commission has proposed raising the DLT Pilot Regime's current €6 billion limit to as much as €100 billion under its Market Integration and Supervision Package. Industry groups argue the threshold, based on the market value of instruments admitted to DLT infrastructure rather than trading activity, could divert liquidity toward U.S. markets.