This market, which will operate on the Polygon network, stands out as a blockchain-based, regulated platform.

Assetera is regulated by the Austrian Financial Markets Authority and will deploy in-house developed smart contracts on the blockchain. This will enable tokenized assets to be traded safely and transparently.

Assetera will serve individual, professional and institutional clients and offer tokenized financial instruments. These instruments include transferable securities, money market instruments, fund units and derivative products.

It will also be possible to invest in tokenized real-world assets such as real estate and works of art. Transactions will be processed on the Polygon network and stablecoins will be used for purchases, exchanges and payments. Through atomic swaps, these transactions will occur 24/7 without manual intervention.

“This enables a previously unimaginable level of liquidity and access for asset owners and investors,” said Assetera CEO Thomas Labenbacher, highlighting the possibilities offered by this new platform.

He also noted that thanks to Polygon’s Proof-of-Stake mechanism, the platform can scale sustainably without compromising security and regulatory compliance. This mechanism also reveals the future potential of blockchain technology by offering a low-cost and environmentally friendly structure.

One of the innovations offered by Assetera is the support of both custodial wallets and non-custodial wallets. The platform also enables the use of wallets managed by banks, offering greater security and access.

Within the scope of anti-money laundering (AML) measures, Assetera cooperates with important companies such as Sumsub, Chainalysis and Fireblocks. These partnerships help the platform maintain its security and compliance standards at the highest level.

Assetera holds a comprehensive Markets in Financial Instruments Directive 2018 (MiFID II) license and a virtual asset service provider (VASP) licence. Although MiFID II, which determines the regulatory structure of crypto assets, does not fully define financial instruments, it provides examples and allows countries to make their own regulations on this issue.

In April, the European Securities and Markets Authority (ESMA) sought to provide greater clarity on this issue by publishing a consultation document on the definition of financial instruments.

In July, ESMA, together with the European Banking Authority and the European Insurance and Occupational Pensions Authority, took a new step towards crypto asset classification.

The Crypto Asset Markets (MiCA) law, the regulatory framework for crypto assets, came into force on July 1 with provisions regarding stablecoins. This step led to the blocking of incompatible stablecoin sales in Europe and the emergence of new compatible stablecoins.

Assetera’s innovative platform for trading tokenized real-world assets has the potential to revolutionize Europe’s financial markets.

This platform, which appeals to a wide user base, offers significant advantages in terms of liquidity, accessibility and security, and opens the doors to a new era in the regulatory framework of crypto assets.