TL;DR:
- SEKAU, AllUnity’s new stablecoin backed 1:1 by Swedish kronor, was launched under the European Union’s MiCA regulation.
- The token debuts simultaneously on five blockchain networks: Ethereum, Solana, Base, Tempo, and Polygon, targeting institutional clients.
- AllUnity adds SEKAU to its portfolio alongside EURAU and CHFAU, expanding its strategy of regulated stablecoins across multiple European currencies.
European firm AllUnity launched SEKAU, a stablecoin structured as an e-money token under the European Union’s MiCA regulation and backed at a 1:1 ratio by reserves in Swedish kronor.
Sweden received its first regulated private stablecoin pegged to the national currency, designed for institutional settlement, cross-border payments, treasury flows, and operations in digital asset markets.
The token’s design incorporates segregated fiat reserves and grants holders a statutory right of redemption at par value, in accordance with MiCA standards. Banking Circle will serve as the designated reserve and transaction bank, with Marginalen Bank as an additional banking partner. Trust Anchor Group will provide the digital asset infrastructure required for integration and token accessibility.
📢🇸🇪 AllUnity launches SEKAU, the first fully reserved, MiCAR-compliant Swedish krona-backed stablecoin.
As an E-Money Token, #SEKAU is:
👑 Pegged 1:1 to the Swedish krona (SEK)
🏦 Fully backed by segregated reserves
🇪🇺 Issued by a regulated European EMI
⛓️ Available on… pic.twitter.com/dj9VmXj4Wt— AllUnity (@AllUnityStable) June 19, 2026
Alexander Höptner, CEO of AllUnity, stated that the launch of SEKAU gives the Swedish krona “a native place in the digital economy” and that the token can support instant settlement, programmable money, and cross-border payments.
SEKAU Will Expand to More Networks in the Short Term
SEKAU debuts simultaneously on Ethereum, Solana, Base, Tempo, and Polygon. AllUnity indicated that the multi-chain deployment aims to improve the token’s access, liquidity, and utility across different blockchain ecosystems. The company also announced plans to expand the token to additional networks during the second half of 2026.
In its initial stage, the token will be available through the AllUnity Business Mint Account, the restricted-access platform for onboarded institutional clients, who will be able to mint and redeem tokens directly. The expansion toward centralized and decentralized trading platforms is already underway, according to the company.
The Riksbank had noted earlier this year that no stablecoins denominated in Swedish kronor existed at that time, and that tokens pegged to a single national currency are regulated as electronic money under MiCA. SEKAU does not replace the central bank’s research into the e-krona, which would constitute public money issued by the Riksbank. It is, instead, private money issued by a regulated entity.
AllUnity adds a third currency to its portfolio, which already includes EURAU and CHFAU. European banks, fintechs, and companies in the crypto industry are moving from the research phase to the launch of regulated payment products under the MiCA framework.
