Key facts
- AllUnity has launched SEKAU, a Swedish krona-backed stablecoin.
- SEKAU is regulated under the EU's Markets in Crypto-Assets Regulation (MiCA) as an e-money token.
- The stablecoin is fully reserved with segregated Swedish krona reserves.
- Banking Circle manages the reserves, and Marginalen Bank is a banking partner.
- SEKAU is launched on multiple blockchain networks including Ethereum, Solana, Base, Tempo, and Polygon.
Digital asset company AllUnity has launched SEKAU, a stablecoin pegged to the Swedish krona, operating under the European Union's Markets in Crypto-Assets Regulation (MiCA). The token is classified as a regulated e-money token and is backed 1:1 by segregated Swedish krona reserves, aiming to serve institutional settlement and cross-border payment needs.