Assetera will provide Europe's first regulated secondary tokenized real-world asset marketplace.
Polygon will host Assetera, Europe’s first blockchain-based regulated secondary market for tokenized real-world assets (RWAs). Assetera is regulated by the Austrian Financial Market Authority. It will deploy smart contracts developed in-house on the blockchain.
Assetera will target retail, professional, and institutional clients, offering tokenized financial instruments — transferable securities, money market instruments, fund units and derivatives — as well as tokenized RWAs such as real estate and art.
Assetera will execute trading activities directly on the Polygon network utilizing stablecoins for purchase, clearing and settlement through atomic swaps. Trading will be available around the clock without manual intervention. Assetera CEO Thomas Labenbacher said in a statement provided to Cointelegraph: