{"id":309886,"date":"2025-08-01T18:11:10","date_gmt":"2025-08-01T18:11:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/309886\/"},"modified":"2025-08-01T18:11:10","modified_gmt":"2025-08-01T18:11:10","slug":"assetera-to-enable-eu-crypto-exchanges-to-offer-backed-tokenized-stocks-ledger-insights","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/309886\/","title":{"rendered":"Assetera to enable EU crypto exchanges to offer Backed tokenized stocks – Ledger Insights"},"content":{"rendered":"

Cryptocurrency exchanges are gaining new access to tokenized securities in Europe through a regulatory compliance solution from Austrian trading platform Assetera<\/a>. The MiFID regulated firm aims to partner with crypto exchanges to provide white label access to xStocks, tokenized securities based on US listed stocks from Backed Finance<\/a>.<\/p>\n

Kraken and Bybit<\/a> began offering xStocks in June, though Kraken\u2019s service excludes the US, Canada, UK, EU, and Australia. Assetera\u2019s API solution promises to solve regulatory barriers by providing \u201cinstant regulatory compliance across 30 European countries.\u201d<\/p>\n

\u201cThe demand from exchanges is unprecedented,\u201d said Thomas Labenbacher, CEO and Founder of Assetera. \u201cWe\u2019re speaking with the top exchanges because they all recognize that tokenized securities represent the future of their business, but regulatory barriers have made it nearly impossible within a competitive timeframe.\u201d<\/p>\n

\u201cWe solve this by providing regulatory compliance through a simple API integration. Even exchanges with existing MiFID licenses are choosing our solution because it\u2019s faster and more efficient than building their own infrastructure.\u201d<\/p>\n

The Austrian regulated platform handles compliance, settlement and custody for tokenized assets beyond Backed\u2019s xStocks, including money market funds<\/a>. <\/p>\n

However, Assetera operates peer to peer trading rather than as a multilateral facility with market makers, matching direct buyer and seller offers. While tokenized stocks may trade around the clock, liquidity depends on finding counterparties, though partnerships with multiple crypto exchanges could improve market depth.<\/p>\n

Tokenized stock landscape in Europe<\/p>\n

There are competing approaches to tokenizing stocks in Europe. Robinhood<\/a> launched its own tokenized stocks under a Lithuanian license. Given its scale in the United States, as an issuer it is a far more substantial organization compared to Backed Finance, which is a startup. However, Robinhood\u2019s tokenized stocks are derivatives, leaving investors without claims if issues arise. <\/p>\n

Backed\u2019s structure also doesn\u2019t facilitate direct ownership of the stocks but provides more investor protection through indirect liens over underlying collateral, with tokens backed one to one by real stocks. Yet the setup involves complexity by involving several intermediaries and multiple jurisdictions: tokenization under Swiss law, collateral custody in Switzerland, a Jersey based special purpose vehicle issuer, and regulatory approval from Liechtenstein.<\/p>\n

Though tokenized securities remain structurally complex and still carry significant risks, the sector is steadily improving investor protections as it matures. Some current offerings demonstrate meaningful progress from earlier versions, suggesting continued evolution toward safer retail access.<\/p>\n","protected":false},"excerpt":{"rendered":"Cryptocurrency exchanges are gaining new access to tokenized securities in Europe through a regulatory compliance solution from Austrian…\n","protected":false},"author":2,"featured_media":309887,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[113354,113355,3210,113356,85031,85032,2000,299,5187,113357,55748,31349,105863,55749],"class_list":{"0":"post-309886","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-assetera","9":"tag-backed","10":"tag-blockchain","11":"tag-cryptocurrency-exchanges","12":"tag-distributed-ledger","13":"tag-dlt","14":"tag-eu","15":"tag-europe","16":"tag-european","17":"tag-security-tokens","18":"tag-tokenization","19":"tag-tokenized-securities","20":"tag-tokenized-stocks","21":"tag-xstocks"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114954861613556951","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/309886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=309886"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/309886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/309887"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=309886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=309886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=309886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}