Issue
Olbra ApS, EUI AG, a Stabillon stake. EURY and PLNY minted and live on-chain.
Company
A European issuer, built for both economies.
Olbra ApS is a Copenhagen-based e-money institution supervised by the Danish FSA, running a live European issuance stack: regulated digital cash for Europe, with a dollar product built for the GENIUS Act era.
The vision
One stack. Every currency. Both continents.
Olbra isn't building a stablecoin. We're building the regulated rails for digital money across Europe and America, and the platform on top. One licensed e-money stack issues unlimited tokens by notification: regulated digital cash in every major European currency, the dollar, and the asset, yield and agentic layers above it. One perimeter, paid for once, amortised across everything we ship. The aim is to run the regulated infrastructure that European digital finance settles on, not just to participate in it.
Why hasn't someone bigger done this?
This position can't be bought quickly, at any price. EU e-money authorisations take years, and ESMA's register of authorised EMT issuers holds fewer than thirty names. The structures we own predate the queue, so anyone starting now is already behind us. Owned, not rented: no banking-as-a-service partner can withdraw the commitment.
The path
Four phases. One direction.
The hardest part, being regulated, is already behind us. Everything else builds on it.
Expand
USDY into the US dollar market under the GENIUS Act. Tokenised metals. On-chain yield. The next CEE currencies.
The platform and the agents
The full regulated money platform: cash, assets, yield, institutional and DeFi rails. And the agentic layer: the compliant money AI agents will transact in.
Lead and list
The dominant regulated digital-money issuer across the EU and US, and a Warsaw Stock Exchange listing: the second publicly-listed stablecoin issuer in the world.
Structure
One group. Both regimes.
DK
Danish FSA · ref. 17547 · CVR 39729482
Olbra ApS
The company: a Copenhagen-based e-money institution, EMI-authorised since February 2025, supervised by the Danish FSA. Issues EURY, PLNY and USDY.
First Danish MiCAR EMT · Krudtløbsvej 12, 1439 København K
LI
Liechtenstein FMA
EUI AG
Partner structure for tokenised yield, with an FMA-approved prospectus and a 17-EEA passport.
17-EEA passport
The team
Built by operators.
Capital-markets, security and platform builders: the people behind the regulated stack.
Patryk Gajda
Co-founder & CEO
Entrepreneur and investor. 15+ years modernizing companies through advanced tech. Founder of SC Space & Data Inc. Active investor in space, AI, fintech and blockchain since 2014. Member of the European Business Angel Network.
Wojciech Sobczuk
Co-founder & CTO
30 years building and scaling global digital platforms. Launched one of Europe's first large-scale social networks (2M+ users, backed by Intel Capital). Strategic advisor to Egnyte and member of the Forbes Technology Council.
Maciej Zientara
Board Member
Financial engineer and investor. 25+ years in capital markets, specializing in M&A and advanced structuring. Founder of Supernova Group, managing €250M+ across 40 active projects. Partner at JRH ASI SA. Graduate of Stanford University.
Company
The group is built. The story is starting.
Founders, partners, and press: we answer directly.