BitGo Europe and German stablecoin issuer AllUnity said on Aug. 17 that they have formed a partnership to provide access to three regulated, fiat-backed stablecoins linked to major European currencies through a single platform.

Under the arrangement, BitGo Europe will act as the initial buyer and an institutional liquidity provider for EURAU, CHFAU, and SEKAU, which are pegged to the euro, Swiss franc, and Swedish krona, respectively. AllUnity is a Frankfurt-based joint venture of asset manager DWS, trading firm Flow Traders, and crypto financial services firm Galaxy Digital.

Customers will be able to access the assets through AllUnity’s Business Mint Account. The integration is intended to connect AllUnity’s issuance system with BitGo’s custody, trading, and over-the-counter infrastructure. Stablecoin supply remains heavily dollar-dominated, led by Tether’s USDT and Circle’s USDC, so regulated tokens tied to European currencies still make up a small share of the overall market.

Regulated Euro, Swiss Franc, and Swedish Krona stablecoin liquidity, now available through BitGo Europe. Our new partnership with @AllUnityStable makes BitGo Europe a first buyer and institutional liquidity partner for EURAU, CHFAU, and SEKAU, streamlining settlement, treasury,… pic.twitter.com/CZH0hDejN0 — BitGo (@BitGo) August 19, 2026

Regulated Euro, Swiss Franc, and Swedish Krona stablecoin liquidity, now available through BitGo Europe. Our new partnership with @AllUnityStable makes BitGo Europe a first buyer and institutional liquidity partner for EURAU, CHFAU, and SEKAU, streamlining settlement, treasury,… pic.twitter.com/CZH0hDejN0

How the partnership works

BitGo Europe will mint the three tokens directly through AllUnity and will also be able to redeem them into their corresponding fiat currencies when needed by customers.

The companies said the direct access is designed to help BitGo Europe respond to institutional liquidity requests. They also said token holdings can be redeemed into fiat through AllUnity.

According to the two firms, the services are intended to support settlement, treasury management, and digital asset trading. AllUnity said the setup provides real-time liquidity for suitable institutions.

Neither company disclosed settlement periods, minimum transaction amounts, service fees, or daily minting limits. The Aug. 17 press release did not include those details.

EURAU was introduced in July 2025 as a euro-pegged token. AllUnity says eligible customers can redeem it at par, and that the euro reserve follows a multi-bank approach.

CHFAU is pegged to the Swiss franc and operates across several blockchain systems. In August, AllUnity said total value locked had reached nearly 50 million Swiss francs after the token was deployed on Solana.

MiCA framework and regulatory background

SEKAU is a Swedish krona-backed token. AllUnity introduced SEKAU on five blockchain networks: Ethereum, Solana, Base, Tempo, and Polygon.

AllUnity says each of the stablecoins will be backed one-for-one in the relevant currency. Its MiCA white papers outline the reserves, redemption rights, and risks associated with each asset.

The German Federal Financial Supervisory Authority granted AllUnity an electronic money institution license in July 2025. That license allows the company to issue e-money tokens under EU MiCA regulations.

Under MiCA, e-money token holders have a statutory right to redeem their tokens. AllUnity’s terms allow redemption at any time, provided the account is verified. MiCA — the EU’s Markets in Crypto-Assets Regulation — has been fully applicable across the bloc since the end of 2024, creating a harmonized rulebook for crypto assets, including e-money tokens. The framework has since underpinned a small set of compliant European stablecoins, including Circle’s EURC and the Société Générale-issued EUR CoinVertible.

BitGo Europe is registered in Germany as a crypto asset service provider under MiCA. The company is also required to comply with German anti-money laundering rules when serving European crypto firms.

Access requirements for institutional users

Institutional users must complete onboarding and meet jurisdictional and compliance requirements to use the platform. The companies said the integrated service was available immediately to eligible institutions as of Aug. 17.

The announcement did not identify the blockchain networks supported within BitGo’s interface, and neither company provided a timeline for chain integration.

No figures were given for minting volumes, redemptions, or account numbers. The firms also did not set any circulation or liquidity targets for the partnership.

BitGo, a US-based digital asset custodian, said it has been building regulated infrastructure for crypto firms operating in Europe, and the new partnership adds three AllUnity-issued currency tokens to that broader institutional offering. Future disclosures on supported chains, fees, and minting and redemption volumes would offer the clearest picture of how the service is being used.