Elisenda FàbregaGeneral Counsel

When market infrastructure changes, legal analysis comes first.

Elisenda Fàbrega advises on the legal questions shaping tokenized markets, from financial-instrument classification and CASP authorisation to DLT market infrastructure, AI governance and data protection.

Professional profile summary

Current role

General Counsel

Brickken · Tokenization software and regulated markets

Regulatory dialogue

European Blockchain Sandbox

Contributed to Brickken's legal preparation and participation in the second cohort

Teaching

Digital law and tokenization

EBIS · Nuclio Digital School · Centre Blockchain de Catalunya

Earlier role

Legal Counsel

Applus+ IDIADA · Automotive engineering and software

For editors and producers

A legal source on the regulatory perimeter of tokenized markets.

For journalists, producers and event teams examining how tokenized financial instruments, crypto-asset services, DLT market infrastructure, AI and personal data are governed within existing legal frameworks.

Invite Elisenda to contribute

Tokenized financial instruments

Classification comes before infrastructure

How legal classification determines issuance, distribution, transfer, custody, trading and investor-protection requirements, regardless of the technology used.

MiCA and CASP authorisation

The activity determines the perimeter

How crypto-asset classification and the services performed determine whether MiCA applies, which CASP permissions are relevant and where MiFID II or another regime governs instead.

SEC and U.S. securities developments

Tokenization changes the format, not the starting legal question

How issuer-sponsored and third-party tokenization models create different rights, custody and counterparty structures while federal securities law continues to govern instruments that are securities.

AI governance

Authority, oversight and accountability

How role allocation, human oversight, data governance and documented controls shape responsible AI deployment in regulated operations.

Data protection

Design the processing before deploying the system

How controllership, purpose limitation, data minimisation, retention and data-subject rights apply when personal data meets distributed ledgers and AI systems.

Available for interviews, on-record commentary, background briefings, conference panels and selected teaching engagements.

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Published work

Published views, on the record.

Writing and interviews on the MiCA and MiFID II perimeter, smart-contract enforceability, digital consent and U.S. tokenized-securities developments.

Elisenda's wordsSource: Crypto.news · 20 Mar 2025

The real forces shaping RWA tokenization are financial market participants.

MiCA is not the primary framework for tokenized assets that qualify as financial instruments. Classification, market structure and existing EU financial-services law remain decisive.

Read in Crypto.news Opens in a new tab.

In-house experience

Legal judgment, tested inside the business.

From tokenization software and regulated markets to automotive engineering and corporate law, Elisenda has advised where regulation, contracts, data, governance and product decisions must work together.

  • CurrentGeneral Counsel
    Brickken

    Advising a tokenization software business on financial-instrument classification, EU crypto-asset regulation, commercial contracts, data protection, product governance and regulatory-perimeter questions.

    Contributed to Brickken's legal preparation and participation in the second cohort of the European Blockchain Sandbox, including questions at the intersection of tokenization and EU regulation.

  • PreviouslyLegal Counsel
    Applus+ IDIADA

    Legal and compliance work across commercial, software, consortium and data-protection matters within a multinational automotive engineering business.

  • EarlierLaw-firm practice

    Corporate and technology law

    Corporate, transactional, technology and data-protection work before moving in-house.

Selected appearances

Legal questions, examined in public.

Selected panels and moderated discussions on tokenized securities, real-world assets, financial-crime controls, DORA and corporate compliance.

View all speaking, teaching and published work

Media profile

Elisenda Fàbrega

Elisenda Fàbrega is General Counsel at Brickken, where she advises on the legal and regulatory questions raised by tokenized financial instruments, crypto-asset services, software and emerging technology. Her work spans financial-instrument classification, EU digital-asset regulation, commercial contracting, product governance, data protection and AI governance. She contributed to Brickken's participation in the second cohort of the European Blockchain Sandbox.

Previously, she was Legal Counsel at Applus+ IDIADA and worked in corporate and technology-law practices. She has taught tokenization and digital-market regulation across postgraduate and professional programmes. She holds a law degree and postgraduate training spanning international business, compliance, data protection and taxation, and contributes commentary through legal, financial and technology publications and industry panels.

Elisenda Fàbrega, General Counsel

Media and speaking enquiries

Bring the legal question.

For interviews, commentary, background briefings, teaching and selected panels, include the subject, publication or event, required format and deadline.

Do not include confidential information or requests for individual legal advice.

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Public record

Published, taught and discussed.

A selected record of writing, interviews, teaching and speaking engagements, each linked to a public source.

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