MiCA-licensed crypto asset management institution Tesseract launches an institutional compliance yield vault platform

ME News message, March 31 (UTC+8), Finnish EU-regulated crypto asset service provider Tesseract Investment Oy officially launched the Tesseract Dedicated Client Vaults platform (Dedicated Client Vaults), designed specifically for institutional and professional investors. Each vault is a standalone smart contract, allocated exclusively to a single client, managed by Tesseract, and can be customized by clients according to their own investment and compliance needs. Clients can deploy vaults through their own wallets, retain 100% ownership of the vault tokens, and operate segregated custodial accounts in accordance with MiCA requirements. Tesseract CEO James Harris said that existing pooled vault solutions (such as the Morpho vault) may be deemed to be collective investment schemes under the MiCA framework, exposing yield tokens to unlicensed securities risks, while the platform is intended to provide a compliant alternative. (Source: ChainCatcher)

MORPHO-0.31%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments