01 Acquired
Eurodollar ApS
Danish FSA · MiCA issuance
The Danish e-money institution that mints our tokens.
Ref. 17547 · first Danish MiCAR EMTLicenses
Three EU regulators. One owner.
Olbra is one of fewer than thirty authorised e-money-token issuers in ESMA's EU register, and the stack is ours outright: acquired, in-house, at the heart of the Old Continent. No "trust us." Every claim on this page resolves to a public record you can check before you ever talk to us.
What we've secured
Acquired and in-house, not rented.
3
regulators · one perimeter
02 Acquired
EUI AG
Liechtenstein FMA · Tokenised yield
An FMA-approved tokenised-securities programme, passportable across the EEA.
17-EEA passport · FMA register 03 Stake
Stabillon
Polish KNF · Polish e-money rails
A stake in the only licensed e-money institution in Poland.
Ref. KIPE1/2019 · KNF registerFigures current as of 2026. Verify against the public registers below.
Owned, not rented
No third party can withdraw the commitment.
Most stablecoin ventures rent their regulatory status from a banking-as-a-service partner, and inherit that partner's risk appetite, pricing, and right to say no. Olbra owns its issuers. The licenses, the safeguarding accounts, the whitepaper notifications: in-house. When we commit to a partner, no third party can withdraw the commitment.
Verify it yourself
Claim → public record.
Stabillon is on the KNF register of e-money institutions.
KNF · KIPE1/2019Stabillon is the only Polish entity on ESMA's EMT register.
ESMA · EMT registerEurodollar ApS holds Danish FSA EMI authorisation with a MiCAR EMT extension.
Finanstilsynet · ref. 17547EUI AG is FMA-approved for tokenised securities, with a 17-EEA passport.
FMA LiechtensteinOlbra Finance LLC is a Wyoming-formed, manager-managed entity.
Wyoming Secretary of StateEURY and PLNY are minted and live on-chain today.
On-chain · Ethereum & Canton
PLNY reserve verification runs on Chainlink Proof of Reserve, with Secure Mint enforcement at the contract level, in deployment for PLNY's commercial launch.
Chainlink · Proof of ReserveThe record
Built in public, milestone by milestone.
Each step lands on a public register or an on-chain record. The line keeps moving.
2024
MiCA in application
The EU's e-money-token regime takes effect.
Done
Eurodollar ApS acquired
The first Danish MiCAR EMT issuer joins the group.
Live
EURY & PLNY minted
Regulated euro and złoty tokens, live on-chain.
Approved
EUI AG & USDY
FMA-approved prospectus in Liechtenstein; the USDY whitepaper approved.
2026 · Ahead
Commercial scale
PLNY's commercial launch; the US market under the GENIUS Act.
What MiCA requires
The four pillars.
01
Licensing.
Authorised, and verifiable.
02
Reserves.
1:1, and segregated.
03
Transparency.
A whitepaper per issuance. Named owners.
04
Supervision.
Own-funds, fit-and-proper, audit, inspection.
By the numbers
3 EU regulators, owned
<30 authorised EMT issuers in the EU, and we are one
38M people in the złoty's home market
17 EEA countries passported
Citibank reserve custody
Figures current as of 2026. Verify against the public registers linked in the footer.
Verify it yourself
Verify, then talk to us.
Every claim on this page resolves to a public register.