Licenses

DLT Pilot and Licensing in Lithuania

MetaWealth is at the forefront of leveraging Distributed Ledger Technology (DLT) to enhance our operations' transparency, efficiency, and security. The European Union's DLT Pilot Regime, under Regulation (EU) 2022/858, provides a regulatory sandbox for innovative financial instruments and services based on DLT. This initiative allows MetaWealth to experiment with and refine our DLT-based solutions within a controlled and compliant environment.

Key Benefits

  • The DLT Pilot Regime offers a temporary framework to operate under relaxed regulatory requirements, fostering innovation.

  • DLT can significantly reduce transaction times and costs, enhancing overall operational efficiency.

  • DLT's inherent immutability and transparency ensure higher security and trust in financial transactions.

MetaWealth is committed to continuous improvement and regulatory compliance. By aligning with the DLT Pilot Regime, securing the license in Lithuania, and implementing on-chain KYC and tokenization, MetaWealth will be well-positioned to innovate within the regulatory framework, ensuring compliance while delivering cutting-edge.

On-Chain KYC and Tokenization

MetaWealth is in the process of integrating on-chain Know Your Customer (KYC) processes and tokenization to streamline compliance and enhance user experience, which is a step ahead of its competition.

On-Chain KYC

  • On-chain KYC leverages blockchain technology to securely store and verify user information, reducing the risk of data breaches.

  • Streamlines the verification process, making it faster and more efficient for users to complete KYC requirements.

  • Ensures that all KYC processes are transparent and traceable, building trust with regulators and users alike.

Tokenization

MetaWealth uses blockchain technology to tokenize real estate assets, allowing fractional ownership and enhancing liquidity. It provides investors with the opportunity to own fractions of high-value assets, democratizing access to investment opportunities. MetaWealth ensures that all tokenized assets and transactions comply with regulatory standards, providing a secure and legally compliant investment environment.

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