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RIDDLE&CODE FinTech Solutions, an innovative European company empowering financial institutions to handle all aspects of digital asset management, has obtained a licence as a service provider for virtual/cryptographic tokens by the Austrian Financial Market Authority (FMA). RIDDLE&CODE FinTech Solutions is one of the first fintech companies in Austria to be registered with FMA.
The company is devoted to promoting tokenization of industrial services, where regulatory requirements are still in development and challenging to meet. Following successful registration, RIDDLE&CODE and its Token Management Platform-which have already been fully audited and accepted by Switzerland s regulator FINMA-are now licenced to safeguard and issue payment and utility tokens.