MiCA or MiFID II: which license covers what? A quick guide.
If a token isn’t a financial instrument (cryptocurrencies, stablecoins…), MiCA generally applies, and a CASP license covers it.
If it is, as with tokenized shares, bonds, and fund units, MiCA doesn’t apply (Art. 2(4)(a)), and distributing it takes MiFID II authorization.
Check the graphic below for the visual explanation👇🏻
Tokenising an asset is half the job. The other half is getting it to investors.
In Europe, the latter typically runs through a MiFID II-licensed firm that onboards every buyer, checks their eligibility, settles the trade, and keeps the record.
Assetera does that across 30 EEA states.
Our Issuer Portal is now live: issuers can manage their listed tokenised securities and track all sales in one place. On-chain purchases settle and reconcile automatically in a single transaction, and bank transfers are matched to their sales in the portal.
Listing a tokenised security in the EU? Let’s talk.
Finoptis Securities Sàrl has listed its Fl-STOK note program on Assetera.
Fl-STOK notes from @Finoptis_io are tokenized registered securities issued on the @0xPolygon blockchain under Luxembourg securitization law, backed by European inventory finance and trade receivables.
Offered to eligible counterparties and professional clients only, as defined under MiFID II. Not available to EEA or UK retail investors.
Disclaimer: This announcement is for information only. It is not an offer to sell or a solicitation to buy any security, and it is not investment advice. The instruments described are available to eligible counterparties and professional clients only. Capital is at risk.
@Ondo@Schuman_io@token2049@SolanaFndn Back home, we sponsored Going Onchain by @cryptoclubvienna. Two raffle winners picked up their Assetera T-shirts at our office last week🚀
Our team at the Going Onchain event in Vienna last Friday, organized by @cryptoclubvienna.
And the most exciting part is that our team helped make this all happen by becoming a sponsor of the event.
It’s great to be in a room full of bright and enthusiastic young people alongside the industry guests and speakers from @bitget, @BybitEU, and @Bitpanda.
One thing was clear: traditional finance is moving onchain, and one could hear words like “tokenization”, “tokenized securities”, and “real-world assets” all the time.
Happy to be a part of events like this and support local student initiatives!
More than 550 tokenized public assets from leading providers like @Ondo or @Payward (@xStocksFi) are available to eligible European investors on Assetera, and we are expanding this number every day.
The whole catalogue, including new additions as they are listed, is accessible to eligible European investors and to our B2B partners via a single API integration.
Reach out to us to get access to the catalogue📩
Disclaimer: Tokenized equities carry risks: prices move with the underlying market, capital is at risk, and tokens carry no shareholder rights.
Meet our team in Madrid!
Next week, we are heading to the @mmerge_io conference. If you are an issuer or tokenizer looking for a regulated way to distribute tokens, or a CASP that wants to add tokenized securities to your product offering, reach out to our team and book a meeting.
You can catch Nicolas and Daria on the grounds next week.
See you there!🇪🇸
@Ondo Disclaimer: Portfolio tokens carry risks. Values move with the underlying assets, capital is at risk, and tokens do not confer ownership of the underlying assets. Availability varies by jurisdiction and investor classification.
@Ondo Finance Intelligent Portfolios are live on Assetera.
A new type of onchain product from Ondo is now available to eligible European investors and our B2B partners on our platform: professionally designed investment portfolios delivered as single transferable tokens.
Investors can now mint or redeem a single token that gives them exposure to the whole curated portfolio of underlying assets, instead of building and rebalancing individual positions by themselves.
7 portfolios are live now, and more to come in the future.
Proud to be the first European company to provide regulated distribution for these products!
Tokenization is going global.
From tokenizing local assets to expanding global access, Ondo is working with partners around the world to bring markets onchain:
🇳🇬 Nigeria: Busha
🇯🇵 Japan: SBI Holdings
🇹🇭 Thailand: KUB Wallet
🇮🇩 Indonesia: Pintu & FLOQ
🇨🇭 Switzerland: SeturionX
🇦🇺 Australia: Openmarkets Group
🌏 East Asia: Kakaopay Securities
🇪🇺 Europe: Clearstream, 360X & Assetera