BitGo Europe and German stablecoin issuer AllUnity have formed a partnership covering three regulated, fiat-backed stablecoins, the companies announced on Aug. 17. Under the agreement, BitGo Europe becomes a first buyer and institutional liquidity partner for EURAU, CHFAU, and SEKAU, tokens that track the euro, Swiss franc, and Swedish krona respectively.
Eligible institutional clients can access the tokens through BitGo Europe’s regulated platform. The arrangement gives BitGo direct minting and redemption access via AllUnity’s Business Mint Account infrastructure, connecting AllUnity’s issuance system with BitGo’s institutional custody, trading, and over-the-counter infrastructure. The companies said the integration could support settlement, treasury management, and digital asset trading, with AllUnity describing the service as providing “real-time liquidity.”
AllUnity issues the tokens as MiCA e-money tokens backed one-to-one by fiat reserves. EURAU, a euro-denominated token, launched in July 2025; CHFAU has expanded across several public blockchains and reached nearly 50 million Swiss francs in total value locked after deploying on Solana; SEKAU is backed by Swedish krona reserves and launched across Ethereum, Solana, Base, Tempo, and Polygon. Retail customers are excluded because AllUnity’s services and communication remain directed exclusively toward business clients.
AllUnity received an electronic money institution license from Germany’s Federal Financial Supervisory Authority in July 2025, while BitGo Europe is registered in Germany as a crypto asset service provider under MiCA. The companies did not disclose settlement times, minimum transaction sizes, fees, daily minting limits, capital commitments, or volume targets. Future minting data, redemption volumes, and active institutional accounts will show whether the partnership increases circulation beyond AllUnity’s existing platforms.
