FRANKFURT, GERMANY, 02 July 2025 – AllUnity, a joint venture between DWS, Flow Traders, and Galaxy, announces that it has been granted an E-Money Institution (EMI) license by the German Federal Financial Supervisory Authority (BaFin) on 01 July, 2025. This landmark achievement empowers AllUnity to issue Germany’s first BaFin-licensed and highly anticipated Euro stablecoin, fully aligned with the Markets in Crypto-Assets Regulation (MiCAR) framework and designed to meet the highest standards of financial integrity and stability required by European regulators.
Backed by a top tier line up of industry-leading partners, AllUnity will be issuing a fully regulated Euro Stablecoin, named EURAU. With its imminent release, the stablecoin will be 100% collateralized and deliver institutional-grade transparency through proof-of-reserves and regulatory reporting. EURAU can be used for 24/7 instant cross-border settlements, seamless integration for regulated financial institutions, fintechs, Treasuries (ERP), and enterprise clients across Europe and beyond.
“Securing the EMI license from BaFin is a monumental achievement for AllUnity and a testament to our dedication to regulatory excellence. This license is not just a regulatory hurdle cleared, it’s a foundational step towards building a truly secure, transparent and compliant digital cross-border payment ecosystem for Europe and global markets. We are immensely proud to be at the forefront of this innovation, meeting the highest standards of regulation and trust with the support of our esteemed partners,” said Alexander Höptner, CEO of AllUnity.
Stefan Hoops, CEO of DWS, added: “The E-Money Institution (EMI) license is not only a milestone for AllUnity but also marks an inflection point for the European financial industry as it enables the issuance of the first fully regulated EUR stablecoin out of Germany. It is a result of intense and constructive collaboration and comes at a crucial time when digital currencies are increasingly being considered to restore financial autonomy in the EU. While we celebrate this as a landmark moment for AllUnity, DWS and its JV partners, we also believe that bringing the euro on the blockchain represents a foundational building block for the future of the European financial and real economy, creating a gateway to Europe and a more efficient financial system.”
“At Flow Traders, we believe stablecoins are a foundational element in the infrastructure driving the convergence of traditional and digital asset markets. AllUnity’s Euro-denominated stablecoin is built to enable true interoperability and further drive that convergence. With AllUnity now officially obtaining its BaFin license, we are primed to enter the market and accelerate the adoption of digital assets. AllUnity is the result of a unique collaboration between three strategic partners, each of whom has a deep commitment to digital assets and their ability to bring greater transparency to global financial markets. Congratulations to the AllUnity team on reaching this major milestone,” said Mike Kuehnel, CEO of Flow Traders.
“Galaxy has always believed in the transformative potential of regulated digital assets, and this milestone for AllUnity is a powerful testament to that vision. AllUnity’s Euro stablecoin, EURAU, will enable frictionless, compliant, and transparent value transfer, unlocking real utility for institutions, fintechs, and enterprises across borders,” said Mike Novogratz, Founder and CEO of Galaxy. “We’re proud to partner with DWS and Flow Traders to help build the next generation of financial infrastructure in Europe.”
This achievement positions the AllUnity E-Euro (EURAU) as a fully compliant and trusted Euro-backed stablecoin, addressing the critical need for liquidity in the European digital economy. By enhancing the efficiency, security, and transparency of cross-border payments, AllUnity will set a new standard for stablecoin utility in regulated environments accelerating the evolution of the cross-border payments ecosystem.
For further information, please visit AllUnity, join the waitlist or contact the AllUnity team directly at contact@allunity.com.
About AllUnity
AllUnity is a regulated financial technology firm, building Europe’s leading digital payments infrastructure, starting 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. 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 31 March 2025), is a leading European asset manager with global reach. With approximately 4,700 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 marker 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.
Legal Notice:
This communication is for marketing purposes only and does not constitute an offer or recommendation to purchase e-money tokens (EMTs). 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.
