Press Release ASSETERA & REALIZ Strategic Partnership

ASSETERA signs a strategic partnership with Realiz to tokenize and trade Real Estate Investment Token

Assetera, the first EU-regulated platform for digital securities and digital assets, licensed and supervised by the Austrian FMA, is delighted to announce a strategic partnership with Realiz, the global marketplace for Real Estate Token. With this partnership, Assetera will become a liquidity venue for Real Estate Token Investments.

Brice Vandevoorde, Founder & CEO Realiz (left), Thomas Labenbacher, Founder & CEO Assetera (right)

“Real estate tokenization has been of particular interest for a lot of investors in the blockchain and TradFi space. Since these tokens are backed by real world assets, their value will depend on the performance of the underlying, just like traditional real estate investments work. Real estate tokenization brings more efficiency, flexibility, transparency, and liquidity that blockchain technology provides. We are excited about the upcoming real estate listings on the Assetera platform.” – Thomas Labenbacher, Founder & CEO Assetera.

A large part of the world’s wealth today is locked in illiquid assets. Good real estate investments come with high costs, expensive intermediaries and are focused on HNWI. Real estate tokenization could also help track apartment rentals and manage maintenance requests, which are among many aspects of real estate that will be revolutionized by blockchain technology.

“Realiz will revolutionize real estate token investing by substituting complexity, paperwork, and non-transparency with a simple click, to access digitized securities around the globe for everyone. Safe and regulated environment with assessed investments to generate passive income with low risk. Access a large variety of real estate investments around the globe, from residential in the French Riviera to commercial in the USA or industrial in Japan.” – Brice Vandevoorde, Founder & CEO Realiz.

About Assetera

Assetera is the first EU/EEA regulated bilateral platform for digital securities and digital assets, targeting institutional and retail clients. Assetera is licensed and supervised by the Austrian FMA, making Assetera your trustworthy partner in the new area of asset tokenization, primary and secondary market and asset management. Assetera’s vision is to build the Capital Market 2.0 – the preferred regulated hub for blockchain based financial instruments by bringing communities together and empowering them with financial innovations.

About Realiz

With offices in France and Japan, Realiz has put together a team of experts from around the world to combine knowledge, creativity, and expertise in order to create an innovative marketplace. People are the core of Realiz, and we want to introduce positive changes in the investment world to make a better tomorrow. Realiz counts on strategic trusted advisors with targeted knowledge in particular industry or with a specific expertise. To be global, we need to be local. This is why we are developing branches to better address a fast-changing market and identify the best opportunities.

Press Release ASSETERA & TALIUM Cooperation

EU-regulated Digital Securities and Digital Asset Trading Platform ASSETERA partners with TALIUM to tokenize and trade royalties

Assetera, the first EU-regulated platform for digital securities and digital assets, licensed and supervised by the Austrian FMA, is delighted to announce a partnership with French SaaS platform Talium Assets, one of the very first all-asset tokenization solutions. With this partnership, Assetera will become a liquidity venue for Revenue-Based Financing Tokens (RBF) and Security Tokens issued by Talium Assets’ clients.

Assetera and Talium Assets: complementary best-of-breed digital asset solutions

“Assetera seeks to attract wide diverse categories of investors on its regulated trading platform by providing a range of financial instruments including: securities, money market instruments, funds, derivatives, CFDs and certificates to new evolving and growing asset classes like RBF. Talium Assets tokenizes all kinds of structured securities including RBF and is the only tokenization platform that comprehensively handles all related RBF processes. We are very excited about the upcoming RBF-listings on the Assetera platform.” – Thomas Labenbacher, Founder & CEO, Assetera.

100% adaptive by design, Talium Assets enables tokenized projects to remain compliant with any regulatory and contractual obligations, select any blockchain among 300+ and change at will, have a tailored user experience, and before all: model the best suited classes and subclasses of financing instruments, like Revenue-Based Financing.

RBF is indeed increasingly popular as it is non-dilutive and provides a more flexible repayment structure than traditional loans. Instead of being paid back with interest on a time schedule, it is repaid by a percentage of future sales. RBF can thus be a great option for both the business and the investors when the former has a high potential for future revenue.

“With the experience of many tokenized fundraises, we know first-hand that providing a technically advanced platform is just one piece of the puzzle: a secondary market venue which is regulated is of vital importance to attract professional investors. Assetera is a liquidity venue on the one hand and regulated for digital asset securities on the other hand. This partnership we’re launching is an awesome opportunity and we are thrilled.” – François de Chezelles, co-founder & CEO, Talium.

About Assetera

Assetera is the first EU/EEA regulated bilateral platform for digital securities and digital assets, targeting institutional and retail clients. Assetera is licensed and supervised by the Austrian FMA, making Assetera your trustworthy partner in the new area of asset tokenization, primary and secondary market and asset management. Assetera’s vision is to build the Capital Market 2.0 – the preferred regulated hub for blockchain based financial instruments by bringing communities together and empowering them with financial innovations.

About Talium

Talium is a 10-year French specialist in digital transformation and systems integration projects for enterprises of all sizes. Leveraging its blockchain expertise grown over the last 7 years, it has been developing since 2018 the high-grade SaaS solution Talium Assets (www.talium-assets.com). Used over a dozen countries, Talium Assets creates Digital Assets marketplaces with unique capabilities and best-in-class adaptability. It seeks to become the white-label tokenization platform preferred by most intermediaries entering the Capital Market 2.0.

Digital Asset Projection

1.Products and investment instruments:
The industry has evolved and is not only determined by the question of liquid or illiquid assets. Rather, macroeconomic issues such as inflation are also making investment instruments commercially interesting or eliminating them – who would currently invest in a debt instrument, better to invest in ownership of a vintage car.

The question of whether we actually need the blockchain for the new era and whether it is a decentralised or centralised financial system comes up again and again: different capital market regulations around the world would continue to support centralised financial systems while further efficiencies and greater transparency would support a move to decentralised finance – a convergence of the two and co-existent seems the likely future.

The regulatory classification of an investment instrument, especially of a security token is particularly important. Typification, detailed design and regulatory classification must be confirmed first and foremost. On the one hand, with the issuer and with the understanding of who the target investor group is.The investment instrument, a token in general is not only a form of raising money, the token can also be a carrier, an ambassador for the project or the company. A marketing tool to make the project known, a communication tool and carrier of economic benefits for the token holder.

Therefore, an absolute cost comparison with traditional ways is not purposeful, you rather need to look at the possibilities of a token in the long run.

2.Who is the token buyer, who is the customer ?
“Customer First” applies to any business, also for the successful sale of a token. Customer & issuer demands are critical drivers of future innovation. One thing is certain, regardless of the target group, the customer wants us to deliver the new asset classes, the new products, the new services: in a safe, secure, efficient, compliant and regulated way. Does a retail client know what he or she is buying? but also professional investors and institutional client?

Educate our customers on what are the new asset class possibilities, new product possibilities in investing and trading, in raising capital and liquidity, they are not interested per se in blockchain and other emerging technologies. They are interested in trusted infrastructure.

Different target groups also have different interests, investment goals and investment behaviours. Retail customers want to invest in products that are otherwise inaccessible, and professional investors will quickly adapt to security tokens, as the underlying is a traditional asset in a new wrapper.

Interesting to know:
-The majority is buying security token with fiat and not with crypto
-Successful issuances have had investors 55years+, not only the younger generation
-Professional investors, particularly asset managers are entering to the market now

Customers determine the “What”:
– What assets and securities to tokenize?
– What markets are attractive and have scale?
– What assets to tokenize to raise additional liquidity and list on exchanges to trade / price?
– What financial services customers want direct access too rather than via intermediaries?
Younger people and even and professional clients in financial markets want direct access, no intermediaries and want to see the utilization of emerging technologies, greater efficiency and eventually lower costs;
– What are the customers demanding?
New products, trust, b2c access (direct) AND on the other hand service providers that want these new target groups (younger people, gen.)

3.Legal Infrastructure
Protect the customer as Gary Gensler recently said, the persons raising money have to disclose various information to customers. That’s how our capital markets work best. We are currently seeing regulatory developments at different speeds. The EU has made a push with the DLT pilot regime, MiCA and the ECSP to further promote the development of the industry. Clarity is demanded and it supports investment protection.

These new regulations solve the issue of liquidity and secondary markets with the emergence of regulated secondary market platforms like us, ASSETERA.

The new regulations also mean that changes that have been planned for a long time are now being implemented. The issuer, if he or she has decided on a token project, should not have to think about licences and technology – trusted infrastructure companies (licences and technology) will give the issuer the possibility to use the token as a carrier. In this respect we need to see and keep relationships with the regulators as business / sparring partners to continue to develop the new era.

4.Technology
Technology is playing and will continue to play a key role as an “Enabler”! As soon as the token program is in place and the regulatory issues have been clarified, the second step is the technological implementation and the associated (given) interoperability.

The third step, distribution of token instruments is and remains the most difficult and most important step in the successful implementation of a token project, beside the need of secondary markets. We strongly believe, if we can offer seamless processes of primary and secondary markets, that any kind of investor will become interested in digital assets no matter!

We are in for a long term journey with you !

EU-regulated Digital Securities and Digital Asset Platform ASSETERA Joins DINO Distribution Network

Mathieu Cottin, Chief of Operations bei Tokeny (links), und Thomas Labenbacher, CEO von Assetera (rechts), gaben die Partnerschaft an der Munich Security Token Conference (MSTC.live) bekannt

7th October 2022, Luxembourg – Assetera, the first EU-regulated platform for digital securities and digital assets, licensed and supervised by the Austrian FMA, partners with Tokeny, the leading tokenization solutions provider. With this partnership, Assetera will become a liquidity venue compatible with DINO, the global distribution network for tokenized private assets, leveraging the ERC3643 protocol, to provide European investors with diversified global assets and facilitate liquidity.

Thomas Labenbacher, CEO of Assetera added: “We’ve been closely following the market, and it is clear that ERC3643 is becoming a proven token standard for digital securities. We see the huge opportunities in interoperability the ERC3643 standard brings, allowing the creation of a global distribution network and innovative DeFi use cases such as collateralization.”

In addition, the partnership with Tokeny will also allow its customers to have a one-stop shop from tokenizing assets to listing digital securities for secondary trading in Europe.

Thomas Labenbacher, CEO of Assetera comments: “As a regulated trading platform, we want to make sure that our customers, being issuers, market makers or investors, can use a compliance framework for tokenization, primary and secondary market trading and custody. Partnering with Tokeny will enable us to list more interesting digital securities, and connect our liquidity pools with others from the DINO distribution network.”

Tokeny is known for its enterprise-grade tokenization solutions to allow banks, funds, asset managers, and asset servicers to easily issue, manage and transfer digital securities or stablecoins using the ERC3643 token standard. Additionally, it serves as a technology enabler for service providers seeking to participate in the ERC3643 ecosystem.

Luc Falempin, CEO of Tokeny said: “The adoption of tokenized securities was slow in Europe because of the lack of trading venues. Our partner Assetera is tackling this issue with a unique model for trading digital securities, leveraging blockchain networks for on-chain settlement in a peer-to-peer manner. Together with builders like Assetera, we are making private markets more liquid, interoperable, and efficient.”

About Assetera

Assetera is the first EU/EEA regulated bilateral platform for digital securities and digital assets, targeting institutional and retail clients. Assetera is licensed and supervised by the Austrian FMA, making Assetera your trustworthy partner in the new area of asset tokenization, primary and secondary market and asset management. Assetera’s vision is to build the Capital Market 2.0 – the preferred regulated hub for blockchain based financial instruments by bringing communities together and empowering them with financial innovations.

 

About Tokeny

Tokeny provides a compliance infrastructure for digital assets. It allows financial actors operating in private markets to compliantly and seamlessly issue, transfer, and manage securities using distributed ledger technology. By applying trust, compliance, and control on a hyper-efficient infrastructure, Tokeny enables market participants to unlock significant advancements in the management and liquidity of financial instruments. The company is backed by strategic investors such as Euronext, Inveniam, and Apex Group.

The status of the “Digital Securities” Industry

CAPITAL MARKET 2.0 – A brief recap of where we stand in the actual development of this specific era, where assets are digitized, traded and managed globally, in an easy, secure and regulatory compliant way.

We, at ASSETERA identified 3 different stages, whereas stage 1 has been completed. Now we are right in the middle of stage 2 and we will see stage 3 professional CAPITAL MARKET 2.0 in place by end of 2025.

STAGE 1 – Blockchain Technology

Blockchain technology was mentioned first time in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin. Similarly important is the evolution of “Tokenization”, being defined as the process of converting value into a digital token which is usable on a blockchain application. Tokenization is the process of replacing sensitive data with a unique identification symbol that retains all the essential information about the data without compromising its security.

The advantages of blockchain technology and hence tokenization are improved security and privacy, decentralized structure, reduced costs, speed, traceability, immutability, transparency and individual control of data.

Technology and building trusted infrastructure has been the focus of stage 1. During the last years, investment funds have invested heavily in technology companies building the next internet – blockchain based infrastructure. By that, an industry has been built over the last decade and created the basis of the next step in the development of CAPITAL MARKETS 2.0.

STAGE 2 – Regulation, building a market infrastructure based on blockchain technology.

Since 2018, regulators around the world got heavily involved and engaged in understanding recent market developments. The aim of the European Union Commission is to create a harmonized digital asset market. It does this, for example, by introducing the MARKETS IN CRYPTO-ASSETS regulation (MiCA) and a pilot regime for market infrastructures based on distributed ledger technology, the DLT PILOT REGIME coming into force March 2023.

The security token market is evolving dynamically and can still be considered to be in its infancy phase. Projections forecast a continuous growth within the next years up to a total market volume of more than 900 billion Euro by 2026 in Europe alone. This can only happen, with a clear regulatory framework given. See Assetera’s pilot regime summary: https://bit.ly/3y5gY7t

STAGE 3 – Business & Market Operation

Usually, everyone reduces the key performance indicators of digital security exchanges to liquidity. Of course, liquidity is an important element. However, equally important are the following facts:

  • attracting institutional clients to enter the market
  • that issuers/asset manager can easily have access to a platform (end-2-end, prime and secondary)
  • being offered a tool to tokenize security token in a few steps
  • increased interest of market making
  • the type of financial instruments
  • attractive segments – ESG, Real Estate, Commodities, SMEs, etc. and
  • certainly the token economics

For institutional clients, it is easier to engage with and invest in digital securities because the underlying – at least in most cases – is already known by means of implementing traditional well-know financial instruments.

Beside market development every regulated financial institution need to comply with KYC/AML measures, product governance, the type financial instrument that can be offered to a specific type of client and which not, please read: https://bit.ly/3HQrv9N and several other constraints like trading, clearing, settlement an custody of digital securities elementary important to offer these alternative investments to institutional and private clients.

Press contact: [email protected]

Introducing the ASSETERA PARTNER PROGRAM

In the last weeks, we have again seen the increasing value of regulation in the new area of assets, in tokenization, trading and custody. Regulation is a business driver, protecting customer funds and partner for new developments.

The coming launch of Assetera’s EU/EEA regulated bilateral platform for digital securities and digital assets will be our first business line. Additionally, the team is already working on three other business lines, SME Marketplace, Certified Asset Token Trading and Crypto Asset Services.

For the launch, Assetera is introducing its PARTNER PROGRAM “Bridging the prime market with secondary market trading”. For the listing of a security token on our platform there are certain requirements to be considered.

Can any security token be listed on the platform ?

The answer is no, therefore it is highly recommended before issuing digital securities / security token or digital asset token to reach out to us, even before talking to issuers. We provide you with know-how, so your clients still have all the choices to design an asset-based, debt-based, equity-based, fund-based or derivative-based token.

Furthermore, issuer need to decide on, if token owners will have voting rights and determine the revenue types owners will receive, such as dividend payments, profit sharing, debt token coupons or token buybacks.

Ask for our application form and determine together with the issuer what instrument the token should represent. At the same time Assetera can pre-list the token on the platform. Assetera has already executed: convertible loan, venture loan and revenue participation instruments. We have been also involved in transferable securities, money market instruments, UCITS, options, futures, swaps, forward rate agreements and any other derivative contracts, financial contracts for differences and emission allowances.

The partner program has been established especially for token issuer and issuing companies to realize the full potential of an integrated end-to-end value chain for primary and secondary markets to solve the problem of illiquidity of assets.

Assetera provides its know-how to token issuer and token issuing companies that the token will be actually admitted to trading. Given that, Assetera is reaching out to tokenization companies in order to support token issuer to get the regulatory requirements represented in the token.

 

What’s the difference between digital securities, digital assets and crypto assets ?

Digital Securities: A form of fundraising involving the issuance of digital tokens to investors, which either are themselves or represent a security under the laws where they are issued.

Digital Assets: Are essentially digital, liquid contracts for fractions of any asset that already has value, like real estate or corporate stock. Using security tokens means investors can expect that their ownership stake is preserved on the blockchain ledger.

Crypto Assets: A typical example of a crypto asset is cryptocurrencies like Bitcoin.

There is a specific solution for each client and for each token. Each issuer must think clearly about how the corresponding token economy is structured. In addition, there are countless instruments that can represent a token economy and any licences that form the legal basis. ASSETERA has all options, which allows issuer full flexibility and transparency vis-a-vis the token investors in order to have a successful placement of the token. ASSETERA and its partners will take care about the license, technology, token program, token generation, token sales and trading – trustworthy partner in a new area.

Press contact: [email protected]

DLT Pilot Regime summary and the ASSETERA vision

ASSETERA is aiming to apply for the DLT TSS in order to become the THE FIRST REGULATED DeFi PLATFORM FOR DIGITAL SECURITIES AND DIGITAL ASSETS.

After almost two years EU legislative making process, on 2 June 2022 the Regulation on a pilot regime for market infrastructures based on distributed ledger technology (Regulation (EU) 2022/858 “DLT-Pilot Regime”) was finally published in the EU Official Journal. The DLT Pilot Regime introduces an EU-wide regulatory sandbox within which entities willing to operate securities trading and settlement systems based on DLT (“DLT market infrastructures”).

Going live on 23 March 2023, the DLT Pilot Regime will run initially for a period of 6 years, during which regulated investment firms, market operators and central securities depositories (CSDs) willing to operate DLT market infrastructures will be able to apply with their local authority for exemption from certain requirements applicable under the Markets in Financial Instruments Regulation (MiFIR), the Central Securities Depository Regulation (CSDR) and the Settlement Finality Directive. The permission to operate DLT market infrastructure will also come with the EU passport, enabling operators to provide their services across the EU based on a single permission.

DLT Market Infrastructures

DLT multilateral trading facility (“DLT MTF”) which is a multilateral trading facility, operated by an investment firm or a market operator, that only admits to trading DLT financial instruments;

DLT securities settlement system (“DLT SS”) which is a securities settlement system, operated by a central securities depository (CSD), that settles transactions in DLT financial instruments;

DLT trading and settlement system (“DLT TSS”) which refers to a DLT MTF or DLT SS that combines services performed by a DLT MTF and a DLT SS operated by an investment firm, market operator or alternatively a CSD.

The scope of application of the pilot regime is limited to DLT market infrastructure serving the trading or settlement of financial instruments within the meaning of MiFID II that are issued, recorded, transferred and stored using a DLT (the so called “DLT financial instruments”). In order to enable tokenization of financial instruments, the EU Commission has also separately proposed the extension of the definition of a financial instrument under MiFID II which shall now include financial instruments issued by means of DLT as well.

Press contact: [email protected]