Yahya 
Polygon advances digital finance significantly with Assetera, Europe’s first blockchain-based controlled secondary market for tokenized real-world assets ( RWAs). Under control the Austrian Financial Market Authority utilizing in-house developed smart contracts on the Polygon network Assetera will trade tokenized financial goods and RWAs like real estate and art.
Assetera’s portfolio appeals to retail, professional, and institutional clients comprising fund units, money market instruments, transferable securities, and derivatives. Using atomic swaps, it will move stablecoins over the Polygon network for perfect buying, clearing, and settlement. Absolving human participation, the 24/7 trading approach ensures continuous market availability.
Stressing the platform’s promise to transform liquidity and access in asset trading, CEO Thomas Labenbacher said, “The Polygon Proof-of- Stake mechanism guarantees that we can scale this revolutionary platform sustainably without compromising security or regulatory compliance.”
Assetera offers custodial and non-custodial wallets including bank-managed wallets and has teamed with Sumsub, Chainalysis, and Fireblocks for robust anti-money laundering safeguards. Under a virtual asset service provider (VASP) license and a complete Markets in Financial Instruments Directive 2018 (MiFID II) license, the platform guarantees its digital assets are managed as financial instruments.
MiFID II is still the pillar for identifying financial products across many countries even when European regulatory systems evolve with Markets in Crypto-Assets (MiCA) rules. In July particularly, the European Securities and Markets Authority (ESMA) aimed to work with other financial authorities in order to enhance crypto asset classification.
MiCA laws on stablecoins—which take effect on July 1—have already started to shape the market as compliant alternatives develop and noncompliant stablecoin sales are outlawed in Europe. Assetera’s first on Polygon matches this legislative shift and creates the avenue for innovative, legal financial solutions in the growing European digital asset sector.
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