Share this article

Security Tokens Could See Rapid Growth in Europe, Outpacing Cryptocurrencies

Security tokens could take off in Europe, potentially surpassing market volume for cryptos by 2026.

Updated Sep 14, 2021, 1:02 p.m. Published May 26, 2021, 4:51 p.m.
European union flag against parliament in Brussels

Security tokens, or digitized versions of traditional investments like stocks, bonds and real estate, could surpass the market volume for cryptocurrencies in the next five years.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

That’s according to a new study by Plutoneo, a German-based blockchain consulting firm in partnership with the Frankfurt School of Finance and Management and digital custody provider Tangany.

The market volume for security tokens in Europe is expected to reach 918 billion euros by 2026, according to the study, published May 21.

  • “The security tokens market is evolving dynamically and can still be considered to be in its infancy phase,” according to the study.
  • The authors estimate European security token growth of around 81% per year over the next five years across assets such as real estate, debt and fiat currencies.
  • Upcoming regulations are expected to align with the aim of the European Commission to create a “harmonized digital asset market,” according to the study.
  • “This regulation shall be issued by the latest 2023 by introducing MiCA (Markets in Crypto-Assets) which can be considered a pendant to existing MiFID II regulation of traditional financial instruments and activities.”
Chart shows projection of the digital asset market size Europe from 2018 to 2026 in EUR bn
Chart shows projection of the digital asset market size Europe from 2018 to 2026 in EUR bn

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)

A stronger yen typically coincides with de-risking across macro portfolios, and that dynamic could tighten liquidity conditions that recently helped bitcoin rebound from November’s lows.

What to know:

  • The Bank of Japan is expected to raise interest rates to 0.75% at its December meeting, the highest since 1995, affecting global markets including cryptocurrencies.
  • A stronger yen could lead to de-risking in macro portfolios, impacting liquidity conditions that have supported bitcoin's recent recovery.
  • Governor Kazuo Ueda indicated a high probability of a rate hike, with officials prepared for further tightening if their economic outlook supports it.