Assetera to Use Polygon to Secure Transactions and Use Stablecoins for Purchase, Clearing, and Settlement to Ensure Fast and Efficient Process

Assetera, a blockchain-based monetary devices funding and buying and selling agency, has engaged Polygon to help its secondary market real-world belongings (RWA) platform. The platform provides tokenized belongings reminiscent of securities, funds and cash market devices on a regulated digital buying and selling platform. Assetera will use Polygon’s scalable Ethereum community to safe transactions and use stablecoins for buying, clearing and settlement to make sure a quick and environment friendly course of.

The Austrian-regulated firm holds MiFID II and Digital Asset Service Supplier (VASP) licenses and plans to improve to Markets in Crypto Property (MiCA) requirements, which can open the door to providing its companies in all the European Union. The platform is open to each personal {and professional} clients.

Tokenization refers back to the placement of conventional monetary belongings, reminiscent of bonds and commodities, within the type of tokens on a blockchain to make shopping for, promoting and buying and selling them quicker and extra clear. Observers have various predictions about how a lot this market might be value within the coming years, however many agree will probably be a multibillion-dollar business.

Picture: Tokeny