Assetera, a blockchain-based financial instrument investment and trading firm, has tapped Polygon to power its secondary market RWA platform. The platform offers tokenized assets such as securities, funds and money market instruments on a regulated digital trading venue.

Assetera will use Polygon to secure transactions and utilize stablecoins for purchases, clearing and settlement to ensure that the process is fast and efficient.

The Austrian-regulated firm 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 provide services throughout the European Union. The platform is open to both retail and professional clients. (CoinDesk)