Description of the portfolio company
Qivalis is a Netherlands-based digital asset infrastructure company developing a bank-backed, MiCAR-compliant EUR stablecoin. It aims to provide a secure, regulated settlement platform for payments and tokenized financial services through a consortium of leading European banks.
Investment rationale
By establishing a bank-backed, MiCAR-compliant stablecoin, Qivalis provides a secure and regulated stablecoin alternative, combining strong risk management, governance, and distribution capabilities through its consortium model. This enables participating banks to explore new use cases such as cross-border payments, liquidity management, and tokenization, while maintaining regulatory control and financial stability.