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Galaxy, DWS and Flow Traders Announce Intention to Launch AllUnity to Issue a Regulated EUR-Denominated Stablecoin

Newswire.ca - Wed Dec 13, 2023

AllUnity is expected to unlock the potential of the on-chain economy and
accelerate mass adoption of tokenized assets

LONDON, Dec. 13, 2023 /CNW/ -ย Galaxy (TSX: GLXY) has announced today the intended formation of AllUnity, as part of a new partnership between DWS, Flow Traders and Galaxy, whose mission is to revolutionize the on-chain economy by issuing a fully collateralized EUR-denominated stablecoin. AllUnity will be regulated by BaFin, Germany's financial supervisory authority. AllUnity's longer-term focus will be to accelerate mass market adoption of digital assets and tokenization.

Read more at newswire.ca

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