Hi @Jess,Welcome to Microsoft Q&A Platform. Thank you for reaching out & hope you are doing well.
Yes, as per the documentation: https://zcusa.951200.xyz/en-us/azure/virtual-machines/trusted-launch-existing-vm?tabs=portal the supported version is v2.
I am afraid to say that you can't upgrade from V1 to V2 as per the Microsoft documentation.
Reference: https://zcusa.951200.xyz/en-us/azure/virtual-machines/generation-2
Only option is You have to create another Virtual machine with V2 and Please make a complete backup of your existing V1 VM and Restore the backup data after creating a new VM.
But there is a recent update related to trusted launch, you can check this and see if this works out in your case.
For Additional reference: https://azure.microsoft.com/en-us/updates/private-preview-upgrade-existing-azure-gen1-vms-to-gen2trusted-launch/
Kindly let us know if the above helps or you need further assistance on this issue.
If this answers your query, I would appreciate it if you could accept the response as a "Accept Answer" and "Upvote it" so that it can help other members of the community who may be experiencing similar challenges.
With Regards,
Sai Prasanna.