According to Odaily Planet Daily, Assetera, a blockchain-based financial instrument investment and trading company, has used Polygon to support its secondary market RWA platform. The platform provides tokenized assets such as securities, funds and money market instruments on regulated digital trading venues.
Assetera will use Polygon to secure transactions and utilize stablecoins for purchases, clearing, and settlements, ensuring the process is fast and efficient. The Austrian-regulated company holds MiFID II and Virtual Asset Service Provider (VASP) licenses and plans to upgrade to meet the Markets in Crypto-Assets (MiCA) standards, which will open the door for it to offer services throughout the EU.
The platform is open to both retail and professional clients.
