Assetera Taps Polygon to Launch Europe’s First Regulated Marketplace for Tokenized RWAs
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
Assetera, a blockchain-based investment and trading firm, has partnered with Polygon to launch Europe’s first regulated marketplace for tokenized real-world assets (RWAs).
The platform will enable the trading of tokenized securities, funds, and money market instruments in a secure and efficient digital environment.
Assetera will use Polygon’s Ethereum scaling network to provide fast and cost-effective transactions, while using stablecoins for purchase, clearing, and settlement processes.
The Austrian firm is already regulated under the MiFID II framework and holds a virtual asset service provider (VASP) license.
It is now preparing to comply with the upcoming Markets in Crypto Assets (MiCA) regulations, which will allow it to expand its services across the European Union.
The platform is accessible to both retail and professional investors, reflecting a growing trend in the tokenization of traditional financial assets like bonds and commodities.
The process, which brings traditional assets onto the blockchain, promises increased speed and transparency in trading.
POLYGON TO HOST EUROPE'S FIRST REGULATED SECONDARY MARKET FOR TOKENIZED RWAS
– Assetera has chosen @0xPolygon to launch Europe’s first regulated secondary market for tokenized real-world assets (RWAs), CoinTelegraph reported.
Key Highlights:
– This partnership will reportedly… https://t.co/KyhFz8UPBa pic.twitter.com/JoCmynDlaf
MiFID II does not offer a clear definition of a financial instrument but instead provides examples, leaving the specifics to be determined by
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