AllUnity announced the launch of SEKAU, a Swedish krona‑backed stablecoin, positioning the token as an e‑money instrument under the EU’s MiCA regulation.
Regulatory Framework and Target Use Cases
SEKAU complies with MiCA by operating as an e‑money token, which obliges AllUnity to keep the krona reserves in segregated accounts. The stablecoin aims to serve institutional settlement processes and facilitate cross‑border payments for crypto investors seeking a reliable market instrument.
Strategic Partnerships
Banking Circle, a Luxembourg‑based regulated B2B bank, assumes custody of the reserves that underpin SEKAU, while Marginalen Bank provides banking support for the rollout. Trust Anchor Group integrates the token into its digital‑asset infrastructure, expanding access for blockchain participants.
Multi‑Chain Availability and Expansion Plans
SEKAU debuted on five blockchain networks—Ethereum, Solana, Base, Tempo, and Polygon—to boost interoperability and liquidity across the crypto market. The token maintains a 1:1 price peg with the Swedish krona, and AllUnity intends to add further blockchain integrations by the end of 2026.