- AllUnity launches Germany’s first fully MiCAR-compliant, 100% reserved, euro-denominated stablecoin, EURAU. Built in Germany, designed to power Global Payments.
- AllUnity had been granted an Electronic Money Institution (EMI) License by the German Federal Financial Supervisory Authority (BaFin) on 01 July, 2025
- AllUnity partners with a consortium of European banks to serve as Reserve Banks for EURAU, ensuring operational continuity, regulatory alignment, and a future-ready infrastructure for 24/7 cross-border payments.
- Bullish Europe, the BaFin regulated provider of digital asset trading and custody services, will be the first service to offer EURAU for trading.
FRANKFURT, GERMANY, 31 July 2025 – AllUnity, a joint venture between DWS, Flow Traders, and Galaxy, announces the launch of its fully-reserved MiCAR-compliant euro-denominated stablecoin, EURAU. The launch follows the granting of an E-Money Institution (EMI) license to AllUnity by the German Federal Financial Supervisory Authority (BaFin) on 01 July 2025.
Fully aligned with the MiCAR framework in the European Union, EURAU is a regulated, 100% reserved euro stablecoin issued under a multi-bank full reserve model delivering institutional-grade transparency through proof-of-reserves and regulatory reporting. AllUnity partnered with a consortium of European banks to serve as Reserve Banks for EURAU, ensuring operational continuity, regulatory alignment, and a future-ready infrastructure for 24/7 cross-border payments.
EURAU officially launches on the Ethereum blockchain, with plans to expand to additional blockchain networks later this year. As an ERC-20 token, EURAU is compatible with a wide range of Ethereum-based wallets and protocols. EURAU can be used for 24/7 instant cross-border settlements, seamless integration for regulated financial institutions, fintechs, treasuries, and enterprise clients across Europe and beyond.
The launch of EURAU is powered by a consortium of leading ecosystem partners. Bullish Europe, the BaFin regulated provider of digital asset trading and custody services, will be the first service to offer EURAU for trading, providing unparalleled liquidity for the Euro stablecoin and ensuring global reach and credibility. To maximize trading opportunities, EURAU will debut with two strategic trading pairs BTC/EURAU and USDC/EURAU, setting the stage for widespread market adoption. Flow Traders will serve as the designated market maker for EURAU, providing essential liquidity and supporting efficient market operations.
A number of key ecosystem leaders supporting EURAU at launch include DWS, Flow Traders, Galaxy Digital, BitGo, Metzler Bank, Tradevest Group, DLT Finance, Fireblocks, V-Bank, 21X, Hacken, Softstack, OAK Security, and more.
EURAU will be publicly available starting July 31, 2025. Fully onboarded institutional clients can access EURAU via a free AllUnity account. To initiate the onboarding process or for further information, please contact the team at contact@allunity.com.
“Launching EURAU marks a significant step forward for Europe’s digital financial infrastructure and financial sovereignty. As the first euro-denominated stablecoin issued under Germany’s regulatory framework and fully aligned with MiCAR, EURAU is designed to meet the highest standards of transparency, compliance, and trust, setting a new benchmark for digital money in Europe” said Alexander Höptner, CEO of AllUnity.
“With the issuance of EURAU, AllUnity has become the first to bring a BaFin-regulated, MiCAR-compliant stablecoin to Europe – a significant achievement and a testament to the capabilities of our joint venture partners. While AllUnity operates independently as the regulated issuer, DWS is actively involved in advising AllUnity on EURAU’s reserve portfolio, which should bring an added layer of confidence and trust for all market participants, from institutions and corporates to individual retail users. We are excited to be first movers in this space, helping to bridge the gap between the traditional and digital finance ecosystems and enable more investors to tap into the potential of digital assets,” said Stefan Hoops, CEO of DWS.
“Big congratulations to the AllUnity team for launching EURAU, the first BaFin-regulated and MiCAR-complaint Euro Stablecoin. This Euro-denominated stablecoin represents our strong commitment to setting new standards in enabling true innovation and in enhancing transparency and trust in financial markets. As a global financial liquidity provider and market maker committed to connecting the worlds of traditional finance and digital assets, we are proud to support AllUnity and are deeply excited about AllUnity’s emerging impact on financial markets. We look forward to shaping the future of digital finance together,” said Mike Kuehnel, CEO of Flow Traders.
“AllUnity’s launch of EURAU is a defining moment for the European digital asset ecosystem. This is what the future of money looks like: fully reserved, regulatory-first, and built for real-world utility,” said Mike Novogratz, Founder and CEO of Galaxy. “Galaxy is proud to help power that future, providing the secure infrastructure and blockchain expertise that makes EURAU work seamlessly for investors across Europe and beyond.”
“We are proud to partner with AllUnity, another BaFin regulated institution, and to be the first to offer EURAU to our institutional customers,” said Marco Bodewein, CEO of Bullish Europe. “Increasing the availability of MiCAR-compliant stablecoins is a key driver for institutional adoption and underscores Bullish’s commitment to providing regulated, institutional-grade access to the digital asset ecosystem.”
This achievement positions EURAU as a fully compliant and trusted Euro-backed stablecoin, addressing the critical need for liquidity in the European digital economy.
To learn more about EURAU, visit AllUnity’s website or access the full white paper here.
About AllUnity
AllUnity is a regulated e-money institute, building Europe’s leading digital payments infrastructure and issuing a fully regulated, Euro-denominated stablecoin designed to power digital asset markets and global commerce. Backed by a consortium of industry-leading partners, DWS, Flow Traders, and Galaxy, AllUnity delivers 24/7 real-time settlement and payment infrastructure with full transparency, security, and scalability through its euro stablecoin, EURAU. With institutional-grade infrastructure and real-time settlement, AllUnity bridges traditional finance and digital assets delivering trusted, borderless payment infrastructure for Europe and global markets.
Press Contact: Syuzanna Avanesyan
press@allunity.com
www.allunity.com
About DWS Group
DWS Group (DWS), with EUR 1,010bn of total assets under management (as of 30 June 2025), is a leading European asset manager with global reach. With approximately 4,800 employees in offices around the world, DWS offers individuals, institutions and large corporations access to comprehensive investment solutions and bespoke portfolios across the full spectrum of investment disciplines. Its diverse expertise in Active, Passive and Alternative asset management enables DWS to deliver targeted solutions for clients across all major liquid and illiquid asset classes.
www.dws.com
About Galaxy
Galaxy (NASDAQ/TSX: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, investment banking, asset management, staking, self-custody, and tokenization technology. In addition, we invest in and operate cutting-edge data center infrastructure to power AI and high-performance computing, meeting the growing demand for scalable energy and compute solutions in the U.S. The company is headquartered in New York City, with offices across North America, Europe, the Middle East and Asia. Additional information about Galaxy’s businesses and products is available on www.galaxy.com.
About Flow Traders
Flow Traders is a leading trading firm providing liquidity in multiple asset classes, covering all major exchanges. Founded in 2004, Flow Traders is a leading global ETP market maker and has leveraged its expertise in trading European equity ETPs to expand into fixed income, commodities, digital assets and FX globally. Flow Traders’ role in financial markets is to ensure the availability of liquidity and enabling investors to continue to buy or sell financial instruments under all market circumstances, thereby ensuring markets remain resilient and continue to function in an orderly manner. In addition to its trading activities, Flow Traders has established a strategic investment unit focused on fostering market innovation and aligned with our mission to bring greater transparency and efficiency to the financial ecosystem. With over two decades of experience, we have built a team of over 600 talented professionals, located globally, contributing to the firm’s entrepreneurial culture and delivering the company’s mission.
About Bullish Europe
Bullish Europe provides digital asset trading and custody services for institutions and professional traders. The business holds cryptoasset custody, proprietary trading, and principal brokerage licenses from the German Federal Financial Supervisory Authority (BaFin). Headquartered in Frankfurt, Bullish Europe is positioned for EU wide expansion under the Markets in Crypto-Assets Regulation (MiCAR) legal framework. For more information about Bullish, please visit bullish.com/home-de and follow LinkedIn and X.
media@bullish.com
Legal Notice:
This marketing communication has not been reviewed or approved by any competent authority of an EU Member State. AllUnity GmbH bears sole responsibility for its content.
This communication is for marketing purposes only and does not constitute an offer or recommendation to purchase e-money tokens (EMTs).
A White Paper under Art. 51 MiCAR has been published, containing all material information, including the EMT holders’ redemption right.
The White Paper is available at: www.allunity.com/whitepaper
Redemption Right: Pursuant to Article 49 MiCAR, the holders of EMTs have a statutory right of redemption against AllUnity at any time and at par value.
Website: https://allunity.com/
Contact: support@allunity.com | +49 069 34874165
