AllUnity launches Swedish krona stablecoin SEKAU

• AllUnity launched SEKAU, a Swedish krona-backed stablecoin issued under the European Union's MiCA regulatory framework.
• The token is fully backed by segregated Swedish krona reserves and is designed for institutional settlements and cross-border payments.
• SEKAU launched across five blockchain networks as part of AllUnity's broader multi-currency stablecoin strategy.

AllUnity introduced SEKAU, a Swedish krona-backed stablecoin issued under the European Union's Markets in Crypto-Assets Regulation framework, expanding its portfolio of regulated digital currencies.

The company said SEKAU is structured as an electronic money token under MiCA and is backed on a one-to-one basis by segregated Swedish krona reserves.

“SEK exposure has previously existed mainly through early-stage concepts, which are not confirmed as a MiCA-authorized, fully regulated EMT,” said an AllUnity spokesperson.

Banking Circle will hold and manage the reserves supporting the stablecoin, while Marginalen Bank and Trust Anchor Group are providing banking and infrastructure support for the rollout.

SEKAU launched on Ethereum (CRYPTO:ETH), Solana (CRYPTO:SOL), Base, Tempo, and Polygon (CRYPTO:POL), and AllUnity said it plans to expand the token to additional blockchain networks during 2026.

The launch follows AllUnity's earlier introductions of the Swiss franc-backed CHFAU and euro-backed EURAU stablecoins, with EURAU currently holding a market capitalisation of approximately US$1.4 million.

AllUnity said SEKAU is the first fully reserved Swedish krona-denominated stablecoin issued as a MiCA-regulated electronic money token, as competition among regulated stablecoin issuers continues to expand across Europe.

At the time of reporting, Ethereum price was $1,693.92.