REAL Finance has expanded access to its native $ASSET token in Europe, making it available to eligible users through Kraken EU as the Layer 1 network continues to build its institutional infrastructure for tokenized real-world assets in the region.
The availability extends $ASSET’s existing presence on Kraken to the exchange’s European operations. Within the REAL Finance network, the token is used for transaction fees, staking, network security and onchain governance.
The move comes alongside REAL Finance’s broader push to develop infrastructure that allows financial institutions to issue, manage, distribute and settle tokenized financial products. The network is focused on connecting onchain markets with regulated financial institutions and infrastructure providers.
In Europe, REAL Finance is working with Wiener Privatbank, an Austrian FMA-regulated bank that provides custody, reserve management, asset structuring and institutional distribution. The companies are targeting more than €3.5 billion in assets for tokenization through the REAL Finance ecosystem.
“Europe is a key market for REAL Finance as we build the infrastructure connecting regulated financial institutions with onchain capital markets,” said Ivo Grigorov, CEO of REAL Finance. “Expanding access to $ASSET through Kraken EU gives more participants in the region a way to engage with the network as that institutional ecosystem grows.”
REAL Finance is developing infrastructure intended to support real-world assets throughout their onchain lifecycle, including issuance, custody, settlement and secondary-market utility.