CandleFocus Spanish Securities Watchdog Approves First Tokenization License
2024-12-01
Author: Content Editor
The Spanish securities watchdog, CNMV, has granted the first tokenization license in Spain. This license allows for the tokenization of real-world assets (RWA), giving Spanish companies the opportunity to enter the decentralized ledger world. Ursus-3 Capital, in partnership with Onyze, is the first consortium to offer this service. They believe that tokenizing real assets will bring new possibilities for entrepreneurs and ensuring the legal security of investors is crucial. The license also allows third parties to contract tokenizing services.
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