AllUnity has secured an e-money institution (EMI) licence from the German Federal Financial Supervisory Authority (BaFin).
The authorisation enables AllUnity to introduce Germany’s BaFin-licenced Euro stablecoin, called EURAU, in compliance with the markets in crypto-assets regulation (MiCAR) framework.
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The new stablecoin, EURAU, is said to maintain full collateralisation, with “proof-of-reserves” and regulatory reporting, the company claimed.
It is designed to facilitate cross-border settlements and can be integrated into the systems of regulated financial institutions, fintechs, and enterprise clients across Europe and beyond.
AllUnity CEO Alexander Höptner said: “This licence is not just a regulatory hurdle cleared, it’s a foundational step towards building a truly secure, transparent and compliant digital cross-border payment ecosystem for Europe and global markets. We are immensely proud to be at the forefront of this innovation, meeting the highest standards of regulation and trust with the support of our esteemed partners.”
To align with environmental, social, and governance (ESG) standards, AllUnity partnered with Crypto Risk Metrics in February to ensure that the stablecoin issuance adheres to MiCAR regulations under German oversight.
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By GlobalDataAllUnity, a joint venture between DWS, Flow Traders, and Galaxy, offers 24/7 real-time settlement and payment infrastructure.
DWS is an asset management firm, while Flow Traders operates in ETPs, with a focus on fixed income, commodities, digital assets and FX globally.
Additionally, Galaxy’s digital assets platform provides institutional access to trading, investment banking, asset management, staking, self-custody, and tokenisation technology.
It provided $200m revolving credit facility to MoonPay in March.
