Real Finance has recently formed a strategic alliance with Wiener Privatbank to establish a compliant institutional framework for engaging in blockchain-based markets, as per information disclosed to Finbold on April 29.
The main goal of this collaboration is to merge conventional banking infrastructure with the REAL blockchain, enabling institutional clients to access on-chain financial products within a framework that complies with European regulatory standards.
As part of this partnership, Wiener Privatbank will offer essential banking services such as the safekeeping of client funds, reserve protection, and assistance for asset creation.
Client funds will be kept in EU-regulated accounts, with adherence to regulations like the Markets in Crypto-Assets Regulation (MiCA), as well as established know-your-customer (KYC) and anti-money laundering (AML) protocols.
Institutional-Grade Infrastructure Aligned with Regulated Financial Standards
The initial phase of the minimum viable product (MVP) is anticipated to support around $50 million in on-chain assets. Following the launch of the REAL blockchain mainnet, the partners are aiming for over $500 million in tokenized assets within the first year.
Additionally, Wiener Privatbank will assist in the origination and structuring of euro-denominated assets, contributing to the liquidity development within a regulated digital asset environment.
In a subsequent phase, both entities plan to explore the issuance of a euro-denominated stablecoin native to the REAL blockchain, subject to further regulatory evaluation and structuring.
CEO of Real Finance, Ivo Grigorov, expressed his views on the collaboration:
“This partnership demonstrates our dedication to constructing institutional-grade infrastructure that fulfills the expectations of regulated financial institutions. Through our collaboration with Wiener Privatbank, we are ensuring that access to on-chain markets is supported by robust compliance standards, clear governance, and trusted banking relationships.”
Michael Munterl, a member of the Executive Board at Wiener Privatbank, also shared his thoughts:
“Our partnership with Real Finance is built on a shared emphasis on regulatory integrity and innovation. We see this alliance as an opportunity to extend established banking standards into emerging digital asset infrastructures, while upholding the compliance, transparency, and client protection principles that define our institution.”
Real Finance and Wiener Privatbank highlight that the REAL blockchain is engineered to support the tokenization and distribution of real-world assets within a controlled environment. Through collaborations with regulated financial institutions, Real Finance aims to facilitate interoperability between traditional financial systems and blockchain-based infrastructure within defined regulatory boundaries.
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