Institutional tokenization cannot scale without a unified, legally binding identity layer. This report unpacks the structural convergence of eIDAS 2.0, MiCA, and the new European AMLR frameworks. We analyze the inevitable shift from fragmented, siloed compliance processes to reusable digital identities. By deconstructing the architecture of permissioned DeFi, we demonstrate how verifiable credentials will form the foundational plumbing for sovereign, institutional-grade liquidity pools.