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Deployments · platform by AllUnity

AllUnity SEKAU Swedish krona stablecoinNew

A Swedish krona e-money token issued under MiCA by AllUnity, the Frankfurt e-money institution owned by DWS, Flow Traders and Galaxy, and the first MiCA krona token. Launched on 19 June 2026 for institutional clients through AllUnity's mint account, it is backed one to one by krona reserves held at Banking Circle, with Marginalen Bank as a banking partner, and runs on Ethereum, Solana, Base, Tempo and Polygon. On-chain supply was negligible in October 2026 (about SEK 11 on Base).

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Pilot since 19 Jun 2026[1] — Shown as pilot on the editor's decision 2026-10-18-nordics-cee-1: the token is formally launched, but supply is negligible (about SEK 11 on Base, nothing on Ethereum, Polygon or Tempo on 22 Oct 2026). To move to live-limited once there is evidence of real circulation or a distribution partner's use. · Reviewed 17d ago

Assets
Stablecoin[1]
Swedish krona e-money token under MiCA
Networks
Ethereum Public, permissionless[1][2]
Solana Public, permissionless[1][2]
Base Public, permissionless[1][2]
Tempo Public, permissioned[1][2]
Polygon Public, permissionless[1][2]
Arc Public, permissioned[2]
Listed on the SEKAU page after launch; contract not verified.
Use cases
Primary issuance[3]Cross-border payments[2]Treasury management[2]
Jurisdictions
Germany, European Union, Sweden

Participants

Operates under

Assets

Metrics

  • ~11.23 SEKTokens in circulation · as of 22 Oct 2026 · on Base[3]
    Supply of the issuer-published Base contract (one holder); totalSupply() on Ethereum, Polygon and Tempo read zero via public RPCs.
  • ~11 SEKSupply on chain (daily) · as of 7 Nov 2026 · on Base[5]
    Automated daily reading.

Timeline

  1. Happened 19 Jun 2026 · Launch · recorded 22 Oct 2026
    AllUnity launches SEKAU on Ethereum, Solana, Base, Tempo and Polygon for institutional clients, with reserves at Banking Circle and Marginalen Bank as banking partner.[1]
  2. Happened 6 May 2026 · Regulatory approval · recorded 22 Oct 2026
    AllUnity notifies the SEKAU white paper to BaFin; ESMA's register lists it.[4]

Sources

  1. [1]AllUnity Launches the First Fully Reserved Swedish Krona-Backed Stablecoin, SEKAU — AllUnity, 19 Jun 2026. Accessed 22 Oct 2026.B
  2. [2]Fully Backed Swedish Krona Stablecoin | SEKAU — AllUnity. Accessed 22 Oct 2026. Contract addresses for Arc, Ethereum, Polygon, Base, Tempo and Solana; white papers v1.1..B
  3. [3]ERC-20 Token | Address: 0x0297B579...0D3ae7A66 | BaseScan — Basescan. Accessed 22 Oct 2026. Page shows a max total supply of 11.23 SEKAU and one holder on 22 Oct 2026; matches eth_call totalSupply() (11,230,000 units, 6 decimals)..A
  4. [4]Interim MiCA register of e-money token white papers (EMTWP.csv) — ESMA. Accessed 22 Oct 2026. AllUnity GmbH, BaFin, LEI 3912007G8L8CD3HFIV26; SEKAU white paper notified 6 May 2026, v1.1 entry updated 14 Sep 2026..A
  5. [5]Supply by chain, read daily — On-chain (public RPC, automated daily refresh). Accessed 7 Nov 2026.A

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