TechFlame reported that on July 2, the company obtained an electronic money institution (EMI) license from the German Federal Financial Supervisory Authority (BaFIN) on July 1, 2025, according to AllUnity's announcement. As a joint venture between Deutsche Bank's DWS Group, Dutch market maker Flow Traders Ltd., and cryptocurrency fund management company Galaxy Digital Holdings Ltd., AllUnity will issue a euro stablecoin

called EURAU.

EURAU will be 100% collateralized and provide institutional-level transparency through proof of reserves and regulatory reports. The stablecoin supports 24/7 instant cross-border settlement and can be seamlessly integrated into the business of regulated financial institutions, fintech

companies, treasury management systems, and enterprise customers.

AllUnity CEO Alexander Höptner said that obtaining an EMI license is a fundamental step for the company to establish a truly secure, transparent, and compliant digital cross-border payments ecosystem.