According to CoinMeta, the European Securities and Markets Authority (ESMA) announced that in 2027, artificial intelligence, tokenization, and other emerging technologies will become new regulatory focuses for retail finance. Financial companies routinely use these technologies and tokenized products to gain market share, and while technological innovation brings benefits, it also comes with risks. The new regulatory plan will examine how regulated companies use these technologies in their core businesses, not limited to back-office operations. In addition, the European Central Bank (ECB) also announced that it will invest a small portion of its reserves in tokenized securities in order to directly engage with the blockchain financial market.