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

Brickken CEO Edwin Mata says uncertainty surrounding the CLARITY Act could redirect investment toward jurisdictions offering clearer rules for digital assets. Regulatory delays in Washington could accelerate the expansion of tokenization companies into Europe, the UAE and Asia as firms seek greater legal certainty following Democrats’ victory in Congress, according to Edwin Mata, CEO and cofounder of Brickken. In a written interview with Crypto Briefing, Mata said the US remains a critical market for tokenization because of its deep capital markets and institutional investor base, but continued uncertainty over digital asset regulations could push companies to prioritize other jurisdictions. With the CLARITY Act facing a more difficult path under Democratic control of Congress, Mata said businesses making investment decisions years in advance need clearer rules to justify expansion costs. He identified the UAE and Europe as the jurisdictions best positioned to attract additional investment, citing the UAE’s direct engagement between regulators and digital asset companies and Europe’s established regulatory framework. Singapore and Hong Kong could also benefit from increased institu...