Assetera, an investment and trading firm for blockchain-based financial instruments, will leverage Polygon to power its real world assets (RWAs) platform with a secondary market.
The platform will offer tokenized assets such as securities, funds and money market instruments.
Assetera will leverage the Ethereum scaling network Polygon to secure transactions, while stablecoins will be used for purchasing, clearing, and reconciliation to ensure the process is fast and efficient.
The Austrian-regulated company holds both MiFID II and virtual asset service provider (VASP) licenses and is also planning to renew to meet the Crypto Asset Markets (MiCA) standards, which would open the door to offering its services across the European Union. The platform is available to both retail and professional clients.
Tokenization refers to the deployment of traditional financial assets such as bonds and commodities in the form of tokens on the blockchain to make buying, selling and trading faster and more transparent. Market watchers agree on how valuable this market will be in the coming years.