In an Austrian Financial Market Authority (FMA) administrative decision dated 28.02.2022, ASSETERA GmbH (Commercial Register no. FN 448308b) was granted a licence by the FMA. The entity is therefore authorised as a licensed investment firm as defined in Article 3 of the Securities Supervision Act 2018 (WAG 2018; Wertpapieraufsichtsgesetz 2018), to provide the services of investment advice (Article 3 para. 2 no. 1 WAG 2018), portfolio management by managing portfolios for individual customers with a discretion in the form of power of attorney of the customer (Article 3 para. 2 no. 2 WAG 2018) as well as the receiving and transmitting of orders (Article 3 para. 2 no. 3 WAG 2018) with regard to the financial instruments pursuant to Article 1 no. 7 lits. a to j WAG 2018.
ASSETERA GmbH was the first participant to be admitted to the Regulatory Sandbox establishing a digital trading platform for the distribution of tokenised financial instruments based on blockchain technology. During the process of the platform-based provision of services, buy and sell orders in relation to digital securities (so-called “security tokens”) as well as other blockchain-based financial instruments. In this regard, the scope is both the primary and secondary markets. In addition, portfolio management and investment advice services for professional clients are also intended to be offered.
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