Several European tokenization and market infrastructure firms have called on the EU to revise its DLT Pilot Regime, citing current stringent asset scope, issuance caps, and licensing duration as barriers. Firms like Securitize and Boerse Stuttgart warn that without timely updates, liquidity and on-chain market activity may permanently migrate to more progressive jurisdictions like the US. The requested changes focus on a technical update rather than deregulation, aiming to boost Europe's competitiveness in tokenized securities markets.