US crypto regulatory delays could push tokenization firms toward Europe and UAE, Brickken CEO says

Brickken CEO Edwin Mata warned that slow and inconsistent US crypto rulemaking could push tokenization firms toward Europe and the UAE, citing the EU’s MiCA framework and the UAE’s VARA regime as more predictable alternatives. The caution comes as tokenization of real-world assets continues to draw capital, with Brickken operating on Ethereum and BNB Chain and issuing tokens tied to assets such as real estate and private credit. Mata argued that US delays in areas including token classification and custody raise compliance costs and discourage issuers from launching there first. The shift matters because tokenization is seen as a major growth channel for crypto, and firms choosing jurisdictions early may anchor future issuance, liquidity and investment flows. Watch for US legislative progress on stablecoins and market structure, and for announcements of new tokenized asset offerings launching in the EU or UAE rather than the US.