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The European Blockchain Sandbox has officially announced its third cohort, selecting a fresh group of Web3 startups and blockchain-driven projects to participate in its regulatory support and innovation initiative. Among the selected companies is Privado ID, a privacy-focused identity verification platform, along with other cutting-edge ventures from across the EU.
What Is the European Blockchain Sandbox?
Launched by the European Commission, the European Blockchain Sandbox is a regulatory initiative designed to foster responsible innovation in the blockchain space. It provides a controlled environment where Web3 and blockchain-based companies can engage directly with EU regulators, receive legal guidance, and test innovative solutions without the immediate pressure of full regulatory compliance.
The goal is to create a collaborative framework where regulators and innovators can understand each other’s priorities, improve legal clarity, and accelerate the safe development of emerging blockchain technologies.
The Third Cohort: A Glimpse at the Future of Web3 in Europe
This year’s third cohort includes a diverse mix of startups focused on digital identity, decentralized finance (DeFi), tokenization of assets, supply chain transparency, and blockchain-based data management. Standouts include:
- Privado ID: A decentralized identity and privacy solution focused on compliant data sharing across borders.
- Smart Layer: A project working on smart legal contracts for digital assets.
- GreenChain: A blockchain platform tracking carbon credits and sustainable supply chains.
These companies will engage in structured dialogues with EU regulators and receive feedback to help align their products with upcoming frameworks, such as MiCA (Markets in Crypto-Assets Regulation) and the Data Governance Act.
Why It Matters
Europe is positioning itself as a global leader in responsible blockchain development. By offering startups the chance to work hand-in-hand with regulators, the EU aims to reduce compliance uncertainty while promoting safe, transparent, and innovative applications of blockchain.
The sandbox model also helps policymakers stay informed about the technical evolution of decentralized technologies, enabling more adaptive and future-proof regulations.
What’s Next for the Participants
Over the course of the program, each selected project will:
- Conduct live testing of their solutions within a defined scope
- Collaborate with legal experts and EU regulators
- Receive tailored regulatory guidance and risk assessments
- Gain visibility across the European tech and policy ecosystem
Successful participation can help these companies scale faster, secure funding, and navigate the complex European legal landscape with greater confidence.
The launch of the third cohort signals continued commitment from the European Union to support Web3 innovation through regulatory clarity and collaboration. As projects like Privado ID begin their journey within the sandbox, stakeholders across tech, finance, and policy will be watching closely to see how these initiatives shape the future of blockchain adoption in Europe and beyond.
