Assetera Launches Europe's First Regulated Secondary Market for Tokenized Real-World Assets on Polygon

Assetera, regulated by the Austrian Financial Market Authority, will offer a range of tokenized financial instruments and RWAs to retail, professional

Europe's first regulated secondary market for tokenized real-world assets (RWAs) has officially launched on the Polygon blockchain. Assetera, which is regulated by the Austrian Financial Market Authority, will offer a range of tokenized financial instruments and RWAs to retail, professional, and institutional clients.

The platform will tokenize assets such as transferable securities, money market instruments, fund units, and derivatives, as well as RWAs like real estate and art. Assetera aims to democratize access to these asset classes through blockchain’s transparency, efficiency, and security.

Assetera has chosen the Polygon Proof-of-Stake (PoS) network to power its platform due to its scalability, low transaction fees, and robust security. By deploying in-house developed smart contracts on Polygon, Assetera will offer 24/7 trading without the need for manual intervention. Transactions will be conducted using stablecoins for purchase, clearing, and settlement, with atomic swaps ensuring fast and secure transactions.

Assetera supports both custodial and non-custodial wallets, giving users flexibility in how they manage their digital assets. It also plans to introduce bank-managed wallets in the future. Key partners like Sumsub, Chainalysis, and Fireblocks will ensure robust Anti-Money Laundering (AML) compliance and security.

Assetera's operations are fully compliant with European financial regulations, holding both a Markets in Financial Instruments Directive II (MiFID II) license and a virtual asset service provider (VASP) license. The platform will adhere to the latest Markets in Crypto-Assets (MiCA) regulatory standards, allowing it to expand its services across the European Union.

In light of recent regulatory developments, including a consultative document by the European Securities and Markets Authority (ESMA) on the definition of financial instruments, Assetera is committed to staying ahead of compliance standards to offer safe and secure tokenized financial instruments.