Assetera, an Austrian digital securities exchange, has launched a MiFID-compliant API to facilitate tokenized securities trading in Europe.
Launch of the Tokenized Securities API
Assetera has introduced its API, enabling European crypto exchanges to offer tokenized securities such as stocks and bonds. The initiative is expected to enhance liquidity and market access, bridging infrastructure gaps for tokenized assets in Europe.
Collaboration Between Assetera and Brickken
The partnership between Assetera and Brickken allows crypto exchanges to offer tokenized equities and bonds without requiring their own securities trading license. CEO of Assetera, Thomas Labenbacher, stated that this collaboration is a significant milestone in making tokenized real-world assets more accessible.
Impact on European Exchanges
The integration is expected to significantly impact exchanges across Europe by providing legal and compliant access to secondary trading of tokenized securities. There are expectations of improved liquidity and market access for digital assets.
The launch of Assetera's API for tokenized securities represents a significant advancement in integrating real-world assets with blockchain technologies, indicating potential growth in the tokenized asset market.
