We are working on a couple of initiatives that are not specific to the EU but generally applicable. Generally we are always working on useability and interaction between the web2 and web3 worlds. In the EU, where only 10-15% of the population have and use wallets, it is a requirement to support fiat currency to be successful with tokenization in the medium term.
Also we are working on DITO, a free and independent decentralized ID framework, based on Polygon ID, to ensure the existence of a DID standard that is not associated with any single vendor - and to ensure future interoperability of the tokenization space.
In a similar fashion, we will be part of a group to make ERC1400 into a real, free and independent standard.