AllUnity announces plans to launch SEKAU in June — the first regulated stablecoin in a Nordic currency. The token is backed 1:1 by Swedish kronor and issued under MiCA. The company is simultaneously launching a payment solution for AI agents.
Stablecoins — digital tokens pegged to a fiat currency — are growing rapidly as payment and settlement instruments, but the market remains almost entirely dollar-denominated. European alternatives in regulated currencies have long represented a political and commercial gap. In Sweden, the picture is particularly clear: the Riksbank has been piloting a state digital krona for several years, but no decision on issuance has been taken. In its latest payments report, the Riksbank recommends that the Riksdag and government establish a formal legislative inquiry — but only once the European Central Bank (ECB) has made its launch decision on the digital euro. In practice, that means a state-issued Swedish e-krona is years away. It is into this space that AllUnity is now moving, with a privately issued, fully regulated e-money token denominated in Swedish kronor.
AllUnity is a Frankfurt-based e-money institution regulated under EU rules on electronic money, established by asset manager DWS, market maker Flow Traders, and crypto finance firm Galaxy. The company has previously launched regulated stablecoins in euros (EURAU) and Swiss francs (CHFAU), with SEKAU becoming the third currency in its portfolio.
SEKAU will be issued as an e-money token under the MiCA framework — the EU's crypto-assets regulation that came into full force at the end of 2024. The token will be fully reserved 1:1 in Swedish kronor and redeemable at par value at any time.
The company states that SEKAU is designed for around-the-clock settlement, cross-border payments, and programmable payment solutions for financial institutions, fintechs, and enterprises. Launch is planned for June 2026, subject to completion of regulatory engagement and operational readiness.
Alexander Höptner, CEO of AllUnity, says:
"Sweden has long been a global leader in the transition toward a cashless economy, but that transition also requires a new form of digital money that is interoperable and globally accessible. SEKAU is a response to that demand and represents a natural evolution of the Swedish krona for today's digital economy."
A CBDC is a direct claim on the central bank. SEKAU is a private digital krona — a claim on AllUnity, secured by the reserves the company holds. The two models are fundamentally different, but in the absence of a state-issued solution, the private model fills a real gap in the Swedish market.
Alongside the SEKAU announcement, AllUnity is launching what it calls Agentic Payments — a payment solution designed for transactions carried out by autonomous AI agents. The solution is built on x402, an open standard for agentic commerce. Transactions are said to confirm with near-instant finality, with funds converting to local currencies and settling directly to business bank accounts.
The concept responds to a shift already underway: AI agents increasingly carry out purchases and transactions on behalf of users, without human involvement at each step. AllUnity is positioning itself as the regulated intermediary for such transactions in the European market.
Peter Grosskopf, CTO and COO of AllUnity, comments:
"The agentic web will dismantle the click economy as we know it. When AI agents browse, decide, and transact on behalf of users, the ad-funded and subscription-based business models of Web 2.0 simply stop working. Europe needs regulated, trusted payment networks built for this new reality."
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