The German regulated DeFi platform Swarm has announced the launch of its new project named "Open dOTC". This project is an open platform for trading tokenized real assets and complies with MiCA requirements.

The dOTC platform operates on the Ethereum network and utilizes decentralized smart contracts for executing over-the-counter transactions. These contracts were developed to prevent slippage, ensure instant settlements, and minimize credit and counterparty risks through full collateralization of transactions.

From its launch, Open dOTC users have been able to trade tokenized U.S. Treasury bonds, and the platform plans to add tokenized versions of shares from American companies like Apple and Tesla in the future. Timo Lehes, co-founder of Swarm, noted that the platform's launch would facilitate easier access to trading tokenized assets, which were previously limited due to the lack of suitable platforms.

Swarm emphasizes the platform's compliance with MiCA regulations, ensuring the safe issuance and redemption of assets from wallets that have undergone KYC and AML checks. Tokens will be able to move freely between wallets and be accessible to retail investors.

The transaction fee on Open dOTC is set at 0.25%, and the funds collected will be used to purchase and burn Swarm's SMT tokens. At the end of November, Copper also launched a platform for trading tokenized securities in the UAE.