Originally published on: September 25, 2024
Assetera has just made history by launching Europe’s first blockchain-based regulated secondary market for tokenized real-world assets (RWAs) on the Polygon network. Regulated by the Austrian Financial Market Authority, Assetera is poised to revolutionize the way in which retail, professional, and institutional clients engage with tokenized financial instruments and RWAs.
With the deployment of smart contracts developed in-house on the blockchain, Assetera is paving the way for seamless and efficient trading activities directly on the Polygon network. Clients can expect to trade tokenized transferable securities, money market instruments, fund units, derivatives, real estate, art, and more with ease and security.
CEO Thomas Labenbacher shared his excitement about this groundbreaking development, stating, “Assetera is proud to support both custodial and non-custodial wallets, as well as the introduction of bank-managed wallets.” In addition, the partnership with leading companies such as Sumsub, Chainalysis, and Fireblocks ensures top-notch Anti-Money Laundering measures are in place.
Having obtained a comprehensive Markets in Financial Instruments Directive 2018 (MiFID II) license and a virtual asset service provider (VASP) license, Assetera is setting new standards in compliance and regulation. As digital assets continue to gain traction, regulatory frameworks like MiFID II and MiCA legislation play a crucial role in maintaining market integrity.
In a recent development, the European Securities and Markets Authority (ESMA) released a consultative document on the definition of financial instruments, highlighting the need for clarity in this rapidly evolving landscape. With the introduction of MiCA provisions for stablecoins, the market is entering a new phase of compliance and innovation.
Don’t miss this opportunity to witness the future of trading unfold with Assetera on the Polygon network. Stay tuned for more updates on this game-changing platform that is reshaping the world of tokenized assets.
