AllUnity launches SEKAU, Sweden's MiCA-regulated stablecoin

A new Swedish krona stablecoin has launched, marking the first such token to be fully regulated under the European Union's Markets in Crypto-Assets (MiCA) framework. The digital asset firm AllUnity introduced SEKAU on Friday, June 19, 2026, expanding its portfolio of regulated stablecoins.

SEKAU is issued as an electronic money token (EMT) under MiCA, with each token fully backed by segregated Swedish krona reserves held in a 1:1 ratio. The stablecoin is designed for institutional applications, including payment settlement and cross-border transactions, providing a compliant digital instrument for the Swedish currency on blockchain networks.

The launch involves several financial partners. Banking Circle, a Luxembourg-based business-to-business bank, will serve as the primary custodian and manager of the fiat reserves. Swedish Marginalen Bank is supporting the rollout as a banking partner, while Trust Anchor Group provides the digital asset technology and integration infrastructure.

SEKAU is launching simultaneously on five major blockchain networks: Ethereum, Solana, Base, Tempo, and Polygon. AllUnity stated this multi-chain approach is intended to improve accessibility,...