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Assetera picks Polygon to power blockchain-based platform

Assetera, one of the first regulated capital markets for investing and trading of blockchain-based financial instruments in the EU/EEA, today announced it has selected Polygon Proof-of-Stake (PoS) blockchain to power the blockchain-based platform for compliant secondary market transactions of Real-World Assets (RWAs).

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The Assetera platform offers trading in a wide range of tokenized assets, including transferable securities, money market instruments, fund units, and various derivatives, all through a regulated digital platform. Investors can also access tokenized RWAs, from real estate and fintech companies to art and funds.

"This launch represents a watershed moment in the evolution of digital securities trading and the broader adoption of blockchain technology in traditional finance," said Thomas Labenbacher, CEO of Assetera. "For the first time, there's a fully regulated, blockchain-based home for secondary market transactions of RWAs. This opens up a world of possibilities for asset owners and investors, so that there is a level of liquidity and accessibility previously unimaginable. The robustness and energy efficiency of Polygon Proof-of-Stake mechanism ensure that we can scale this revolutionary platform sustainably to meet the growing demand for tokenized real-world assets without compromising on security or regulatory compliance.”

While many platforms still rely on complex Multilateral Trading Facility (MTF) structures involving numerous intermediaries, Assetera's platform stands out with its round-the-clock availability, operating 24/7/365 without manual intervention.

Assetera's approach leverages Polygon PoS to execute trading activities directly on the network to ensure transactions are not only fast and efficient but also secure and transparent. By utilizing stablecoins for purchase, clearing, and settlement processes through Atomic Swaps, Assetera enhances the reliability and speed of financial operations while maintaining full compliance with regulatory requirements.

Holding both MiFID II and VASP licenses, with an ongoing upgrade to meet MiCA standards, Assetera sets a new standard for regulatory compliance in the blockchain space. The platform offers flexibility with support for both custodial and non-custodial wallet models, including self-custody, Fireblock’s Embedded Wallet solution, and the introduction of bank-managed wallets. To ensure the highest level of security, Assetera has implemented advanced AML measures, including blockchain address screening and real-time transaction monitoring, through partnerships with industry leaders such as Sumsub, Chainalysis, and Fireblocks.

Colin Butler, Global Head of Institutional Capital at Polygon Labs, said "Assetera's debut on Polygon PoS marks a pivotal moment in the blockchain industry, in no small part due to the unparalleled level of regulatory compliance Assetera brings to the table. They're setting the gold standard for what a compliant, blockchain-based trading platform should be. This is the first time we're seeing a secondary market platform for Real World Assets with this degree of regulatory rigor on any blockchain. It's exactly the kind of development that instills the trust and confidence needed for widespread adoption of tokenized assets. This means users can engage with digital securities and RWAs with a new level of security and legitimacy. This is how we bridge the gap between traditional finance and the digital asset world, and Polygon PoS serves as a great foundation for this initiative given its security, decentralization and robustness.”

For companies looking to raise capital, Assetera provides a seamless process for security token offerings. The platform offers direct access for retail, professional, and institutional clients to invest in and trade tokenized financial instruments, democratizing access to a wide range of investment opportunities.

The platform is now open to both retail and professional clients, enabling them to invest in and trade any tokenized financial instruments using blockchain technology. Looking ahead, Assetera is planning to expand its services beyond the EU/EEA, with ongoing applications for licenses in Dubai and potential expansion into African markets. 

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