Lithuanian startup Universe announces its official launch in the European market today. By leveraging an innovative combination of banking services and blockchain technology, Universe aims to transform the investment sector. With its financial asset tokenization platform based on a private blockchain, the company positions itself as a pioneer in the field of tokenized financial assets.
Universe places three fundamental values at the heart of its model: security, transparency, and flexibility. This approach aims to meet the expectations of contemporary investors who wish to diversify their portfolios while enjoying enhanced security. Mathis Gauthier, CEO of Universe, states: "Our goal is simple: to democratize access to tokenized investment while ensuring security, transparency, and speed."
Universe's vision goes far beyond that of a traditional neo-bank. By opening an account on the platform, users have access to a comprehensive banking offer including transfers, currency and international payments, as well as a physical or virtual bank card. However, the true strength of Universe lies in its unique integration with a tokenized investment portfolio.
Universe relies on its own blockchain system, the Universal Ledger System (ULS), to issue tokens called "Asset-Referenced Token (ART)." These tokens allow users to invest directly in financial underlyings, with maximum transparency and access to assets once reserved for institutional investors. Universe offers a wide range of ARTs in currencies (euros, dollars, yen) as well as ARTs representing stocks, commodities, and bonds.
With this tokenization system, Universe provides investors with a flexible and competitive platform where they can trade, swap, and diversify their investments with ease. Real-time transactions are recorded on the ULS blockchain and remain publicly accessible, ensuring total transparency. Users can view these transactions on the Universe website and rely on an Oracle system to compare valuations and ensure the company's solvency.
To ensure optimal security, Universe has integrated regulatory compliance at the core of its strategy, positioning itself among the first startups to adhere to the new MiCA (Markets in Crypto-Assets) standards. Operated by Hedge Finance and registered as a VASP (Virtual Asset Service Provider) with the Bank of Lithuania, Universe provides its clients with protection that meets the most stringent standards of the European Union.
Universe offers undeniable advantages to investors:
- **Enhanced security and regulation**: The integration of blockchain and European compliance ensure increased asset protection.
- **Direct access to financial markets**: The platform allows for investment without the usual delays of bank transfers, thus facilitating market access.
- **Transparency**: Universe simplifies the management of fees and transactions while providing a unique interface to manage finances and investments.
- **Asset fractionalization**: Tokenization allows investment in fractional assets while remaining tied to real values.
By integrating a traditional banking offer with an investment account, Universe meets the needs of a diverse clientele, whether they are beginner investors, professionals, or cryptocurrency users. This innovation accessible to all marks the beginning of a new era for investors.
Based in Lithuania, Universe positions itself as a leading player in blockchain integration for investment. By relying on a rigorous regulatory framework and adopting MiCA standards, the company offers a reliable and innovative alternative to diversify European investors' portfolios. For more information, visit www.universe-bank.com or download the Universe app on Apple Store and Play Store.
Author Audrey on 12 September 2022
Economy and Finance : Policy
Author Audrey on 05 January 2021
Economy and Finance : Policy