Cashlink

🚀 𝗘𝘂𝗿𝗼𝗽𝗲’𝘀 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗮𝗿𝗲 𝗮𝘁 𝗮 𝘁𝘂𝗿𝗻𝗶𝗻𝗴 𝗽𝗼𝗶𝗻𝘁: 𝗟𝗲𝘁'𝘀 𝗺𝗮𝗸𝗲 𝘁𝗵𝗲 𝗗𝗟𝗧 𝗣𝗶𝗹𝗼𝘁 𝗥𝗲𝗴𝗶𝗺𝗲 𝗳𝗶𝘁 𝗳𝗼𝗿 𝗿𝗲𝗮𝗹 𝘀𝗰𝗮𝗹𝗲! The DLT Pilot Regime (DLTPR) presents a unique opportunity to establish the EU as the leading jurisdiction for regulated tokenized financial markets. At Cashlink, we are proud to be part of a broad alliance representing both traditional finance and the emerging tokenized assets sector—joining forces with partners like Boerse Stuttgart Digital, Securitize, Nasdaq, 21X and many others. While the EU Commission’s proposal to increase the volume cap from €6 billion to €100 billion is a welcome step forward, it remains insufficient given the rapid global market developments. 📉 𝗪𝗵𝘆 €𝟭𝟬𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗳𝗮𝗹𝗹𝘀 𝘀𝗵𝗼𝗿𝘁: It is crucial to note that these thresholds are based on market capitalization, not trading volume. A €100 billion ceiling would unnecessarily constrain European projects and put us at a significant disadvantage compared to the US, where dominant settlement platforms can tokenize assets without volume caps. 💡 𝗢𝘂𝗿 𝗰𝗼𝗿𝗲 𝗿𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 (𝗮𝘀 𝗱𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗶𝗻 𝗼𝘂𝗿 𝗷𝗼𝗶𝗻𝘁 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗹𝗲𝘁𝘁𝗲𝗿 𝗮𝘁𝘁𝗮𝗰𝗵𝗲𝗱): 1️⃣ 𝗨𝗻𝗹𝗲𝗮𝘀𝗵 𝗟𝗮𝗿𝗴𝗲-𝗦𝗰𝗮𝗹𝗲 𝗩𝗼𝗹𝘂𝗺𝗲𝘀: We urge EU Co-Legislators to completely remove the cap on the total value of financial instruments admitted to trading on DLT infrastructure for the regular regime. Should quantitative thresholds remain politically necessary, they must be set at a realistic baseline of at least €1,500 billion (€1.5 trillion) to provide sufficient headroom for sustained market growth. 2️⃣ 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁 𝗙𝗹𝗲𝘅𝗶𝗯𝗹𝗲 𝗔𝗱𝗷𝘂𝘀𝘁𝗺𝗲𝗻𝘁𝘀: The framework must empower the European Commission to dynamically increase thresholds whenever justified by market developments, without being constrained by predetermined maximum caps. Fixed ceilings only serve to reduce regulatory certainty for market participants making long-term investment decisions. 3️⃣ 𝗘𝗻𝘀𝘂𝗿𝗲 𝗮 𝗟𝗲𝘃𝗲𝗹 𝗣𝗹𝗮𝘆𝗶𝗻𝗴 𝗙𝗶𝗲𝗹𝗱: Same business, same risks, same rules! We strongly oppose differentiated threshold mechanisms—such as granting a €500 billion threshold to traditional CSDs while limiting DLT infrastructures to €100 billion. This discrepancy would create unlevel business opportunities and protect incumbent structures rather than fostering innovation. Europe has done something remarkable by creating a regulated path for tokenized markets. Now, policymakers must ensure that this path is actually wide enough to build a globally competitive market on it. What are your thoughts? Feel free to share your perspective in the comments! 👇 #Tokenization #DLTPilotRegime #Cashlink #DigitalAssets #MISP #CapitalMarkets #Blockchain #FinTech #EU

🌇 Good people. Great conversations. That was our Digital Assets Sundowner at the terrace of Frankfurt School of Finance & Management this week. More than 70 senior leaders from banking, asset management and the broader digital asset ecosystem came together to exchange ideas, share perspectives and simply connect. 💭 No presentations. No pitches. Just an evening dedicated to good conversations and the people shaping the future of finance. A huge thank you to everyone who joined us — and especially to our co-hosts Dr. Sebastian Preil and Jan Kühne from AMINA Bank, as well as Gloria Traidl and Fatma Dirkes from Frankfurt School, for making the evening happen. 🤝 Events like this show just how much momentum there is in Frankfurt’s Digital Asset community. And we’re excited to keep building it — together. 🚀 #DigitalAssets #Tokenization #Banking #FinTech #Frankfurt #Cashlink #AMINABank #FrankfurtSchool

Thrilled to partner with Cashlink, which has over €1B in transaction volume, 300+ successful live issuances, and their infrastructure is already being used by industry players including KfW, NRW.BANK, DZ BANK AG, tradias, Helaba, and more.

🚀 Exciting News: Cashlink partners with Ava Labs. and brings Avalanche to its regulated securities registry We are thrilled to announce our collaboration with Ava Labs to bring regulated tokenization to the Avalanche network. What makes this partnership a game-changer for the financial industry? Here are three reasons why this collaboration is very valuable: ✅ High-Performance Meets Compliance: We are combining Avalanche's high-performance blockchain technology with Cashlink's fully regulated tokenization solutions for the European market. ✅ Empowering Institutions: Financial institutions benefit from our multichain approach, offering greater flexibility, scalability, and enhanced efficiency and security when issuing and managing token-based securities. ✅ Building the Future: Together, we are expanding the foundation for a highly scalable, interoperable, and institutionally viable capital market infrastructure in Europe. 🗣️ "Extending our infrastructure to the Avalanche network was a clear choice for us, given the team's profound understanding of the operational and regulatory requirements essential to financial institutions," explains Michael Duttlinger, CEO and Co-founder of Cashlink. Olivia Vande Woude at Ava Labs adds that Cashlinks commitment to a regulated, secure infrastructure is perfectly aligned with the needs of institutions looking to build on Avalanche. 📄 For more details, please find the press release here: https://lnkd.in/eKHsMHpp #Cashlink #AvaLabs #Avalanche #Tokenization #Blockchain #DigitalAssets #CapitalMarkets #FinTech #CryptoSecurities

Simon Censkowsky from Cashlink joins CONF3RENCE 2026. Cashlink is one of the more consequential companies in German capital markets right now, and one of the least visible. Founded in Frankfurt in 2016, it was the first company in Germany to receive the full BaFin licence to operate a crypto securities register under §16 eWpG, and it holds a crypto custody licence on top of that. In practice, Cashlink performs functions that in traditional markets sit with a central securities depository — which is why KfW, NRW.BANK, DZ BANK, Hauck & Aufhäuser, and Bankhaus Metzler run issuances on its infrastructure. It also acted as Market DLT Operator in the ECB trials and is part of the ECB's Pontes working group. Two projects show what that enables. With Metzler Asset Management, Cashlink served as crypto securities registrar for Germany's first tokenised UCITS fund units, issued on public Polygon and subsequently bought by Union Investment. With KfW, delivery-versus-payment settlement was run fully on DLT against a form of digital central bank money, bringing settlement times down to minutes. Simon leads business development and has been working in digital assets since 2016. He joined Cashlink as Entrepreneur in Residence and moved through strategic business development into his current role. He is an active member of Bitkom's Blockchain working group, where he represents German blockchain fintechs in the policy conversation, and speaks regularly on tokenisation and DLT-based capital markets. 15 & 16 September — Kokerei Hansa, Dortmund

🚀 We are thrilled to welcome Cashlink as an official partner of Capital & Code and we’re bringing one of Europe’s leading tokenization pioneers directly to our Second Stage! 🎤 Michael Duttlinger, Co-Founder & CEO of Cashlink, will be delivering an exclusive Masterclass on Institutional Tokenization. If you’re building in fintech, managing capital markets, or navigating digital assets, this Masterclass is mandatory viewing. 💡 About Cashlink Cashlink is reshaping European capital market infrastructure, enabling banks, issuers, and financial institutions to issue, manage, and settle tokenized securities. Having tokenized Cashlink’s own equity in one of Germany's very first transactions, Michael brings rare, battle-tested expertise on how blockchain is transforming institutional finance. 👇 Drop a comment below if you’ll be joining us at the Second Stage!

🇺🇸 Same technology. Different starting points. 🇪🇺 Tokenization may be a global trend, but the path to institutional adoption looks very different across the US and Europe. In a new joint whitepaper, Michael Duttlinger and Olivia Vande Woude take a closer look at how market structures are shaping these different go-to-market strategies. The key takeaway? There is no one-size-fits-all tokenization playbook. 🇺🇸 In the US, the starting point is largely equities — upgrading the existing transfer agent infrastructure to bring securities on-chain at scale. 🇪🇺 In Europe, the fragmented CSD landscape creates a different starting point, with tokenized retail structured products emerging as an attractive use case under national DLT frameworks such as Germany’s eWpG. But these regional approaches won't stay separate forever. 🌎 Tokenize locally. Distribute globally. As custody infrastructure, wallets and public-permissioned blockchains evolve, cross-border distribution of tokenized assets could become significantly more seamless — including European investors accessing tokenized US equities directly. And that leads to the bigger question: Who will solve the mass-distribution challenge? The neutral infrastructure providers that can connect tokenized assets with brokers, investors and existing financial markets at scale may ultimately shape the next phase of tokenization. 📄 Read the full whitepaper to explore the different paths the US and Europe are taking — link in the comments. #Tokenization #DigitalAssets #CapitalMarkets #DLT #DigitalSecurities #FinTech #Cashlink

🗎 ECB publishes documents for the initial launch of Pontes As part of preparations for the initial launch of Pontes in September 2026, the ECB has published the Pontes Pricing Guide and the list of DLT operators currently registered to participate. The Pontes Pricing Guide describes the fee schedule for the Pontes initial launch phase and outlines the design of the envisaged pricing scheme for Pontes enhanced product (scheduled for 2028). The registered DLT operators are: 🆕 Clearstream (DE) 🆕 SWIAT (DE) 🆕 Cashlink (DE) 🆕 Axiology (LT)  The list of DLT operators will continue to be updated as new operators complete the registration process. For more information, access the documents below: 🔗 Pontes Pricing guide: https://lnkd.in/e_bjHShE 🔗 List of DLT operators: https://lnkd.in/ednBv3-R 🔗 Learn more about Pontes: https://lnkd.in/euFT2k6E