REAL Finance The issuer disclosed that the whitepaper for the $ASSET token has been included in the MiCA temporary register of the European Securities and Markets Authority (ESMA). This provides a unified public disclosure point for the project within the European Economic Area, facilitating trading platforms, institutions, and other partners to access relevant documents.

Inclusion in the MiCA temporary registry

This registration corresponds to the encrypted asset category under Chapter 2 of MiCA, and does not include asset reference tokens or electronic currency tokens. The main purpose of ESMA in compiling the white paper is to provide a centralized disclosure channel, rather than to approve projects.

ESMA also clearly states that the white papers in the register have not been reviewed or endorsed by the EU authorities, and the responsibility for the content of these documents remains with the issuers. Therefore, this progress is more in line with the standardization of compliant disclosures rather than regulatory approval.

Provide a unified entry point for the European market

REAL Finance indicates that after the registration process is completed, exchanges, institutions, and counterparties across Europe will be able to evaluate $ ASSET through a single entry point, without having to handle disclosure processes separately for each country. The company's CEO, Ivo Grigorov, stated that this will help to advance the project in accordance with its European business plans.

However, the company also emphasizes that entering the ESMA registry is not the same as whether the exchange will go live or continue to support that token. The trading platform still retains the right to independently decide whether to list it or not.

Traded on multiple platforms

$ ASSET began trading on Kraken on April 30th. REAL Finance also mentioned that since April, this token has been trading on KuCoin and MEXC as well.

• Kraken: Trading will start on April 30th.
• KuCoin: The company stated that trading will be available from April onwards.
• MEXC: The company stated that trading will be available from April onwards.

Aims to cover assets worth 3.5 billion euros

REAL Finance is focusing its business on the tokenization of real-world financial assets. This direction has recently received continuous attention from banks, asset management institutions, and regulatory authorities. The company states that it plans to bring over 3.5 billion euros in assets onto the blockchain through its European ecosystem.

The company also stated that it is working with regulatory partners to advance arrangements for custody and product structure, including Wiener Privatbank from Austria.

Additional information:ESMA The explanation for the temporary registry is that the inclusion in the white paper does not equate to official recognition, nor does it constitute an investment endorsement for the relevant tokens.