Ursus-3 Capital Certified as Spain’s First ERIR, Teams Up with ONYZE for Tokenized Asset Issuance

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Ursus-3 Capital has been certified by the CNMV as the first ERIR in Spain, setting a new standard in the country’s financial services. This recognition by the CNMV (National Securities Market Commission) enables Ursus-3 Capital to register and supervise tokenized negotiable securities issuances.

Earlier this year, ONYZE  announced its collaboration with Ursus-3 Capital to cover the emerging vertical of tokenized issuances in the securities markets. Now, this partnership has received CNMV’s approval, making Ursus-3 Capital the first ERIR entity in Spain to offer these services to third parties, ensuring proper execution of tokenized asset issuances on DLT systems.

This approval marks the arrival of a highly anticipated player in Spain’s financial ecosystem, unlocking a new vertical within the securities markets. ONYZE will provide its ONYZE Capital Markets product as the technological platform for Ursus-3 Capital to manage, register, and confirm operations from various issuances.

Juan Jurado, General Manager of Ursus-3 Capital, stated:

“We are proud to be pioneers in offering the ERIR service, thus becoming the launchpad for successful tokenized issuances of real assets. We firmly believe that the tokenization of real assets opens a universe of possibilities for entrepreneurs, while also making it important to ensure the legal security of investors.”

Both entities share a vision of the potential offered by tokenization across industries. This collaboration ensures secure access and compliance with regulatory requirements for developing this new business vertical. Ursus-3 Capital and ONYZE reaffirm their commitment to developing the RWA (Real-World Asset) tokenization ecosystem and digital assets, involving collaboration with Token City. The ERIR service is now available for contracting through Ursus-3 Capital and ONYZE.

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