Assetera Polygon Integration Powers Tokenized Asset Offering

Key points:

• Assetera, an investment and trading firm for blockchain-based financial instruments, has tapped Polygon to power its real-world asset platform.
• The Austria-regulated company holds both MiFID II and virtual asset service provider (VASP) licenses and plans to upgrade to meet MiCA standards.

Assetera Polygon integration powers its RWAs platform, utilizing stablecoins for fast, secure transactions in tokenized assets like securities, funds, and money market instruments.

Assetera Polygon Integration Enhances Tokenized Asset Trading

Assetera is tapping into Polygon’s Ethereum scaling network to power the real-world asset platform; this allows for secure, trusted executions using stablecoins at the time of purchase for clearing and settlement. Tokenized assets range from securities, funds, and money market instruments provided within a regulated digital venue for trading.

It is regulated under the MiFID II and VASP, preparing for compliance with MiCA, with a view to extending services across the European Union. It will be open to both retail and professional clients, according to CoinDesk.

Read more: Coinbase Cautions on Polygon Transfer Delays!

Polygon Powers Assetera’s Secondary Market for Real-World Assets

By integrating Polygon into the Assetera platform, the trading of tokenized assets, such as bonds and commodities, is done in a much faster and transparent manner. Polygon secures the transaction and allows efficient usage of stablecoins for settlement.

As the company prepares for MiCA compliance, Assetera plans to extend its reach toward more participants EU-wide and further develop the market for tokenized financial instruments.