<ul data-eligibleForWebStory="false"><li>AllUnity, a joint venture between DWS, Flow Traders, and Galaxy, has been granted an E-Money Institution (EMI) license by the German Federal Financial Supervisory Authority.</li><li>This license enables AllUnity to issue Germany’s first BaFin-licensed Euro stablecoin, named EURAU, fully compliant with the Markets in Crypto-Assets Regulation (MiCAR) framework.</li><li>The EURAU stablecoin will be 100% collateralized, offering institutional-grade transparency, and facilitating 24/7 instant cross-border settlements for regulated financial institutions and enterprise clients.</li><li>CEOs of AllUnity, DWS, and Flow Traders express their pride in achieving this milestone, highlighting the significance of a regulated Euro stablecoin in driving the convergence of traditional and digital asset markets in Europe.</li></ul>

DWS JV to Issue Germany’s First Licensed Euro Stablecoin

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