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Finnish Crypto Asset Management Company Tesseract Obtains MiCA License, Offers DeFi Portfolio Yield Services
Summary: According to The Defiant, Finnish crypto asset management company Tesseract has been granted a MiCA license by the Finnish Financial Supervisory Authority (FIN-FSA), allowing it to provide portfolio management, custody, and asset transfer services to retail and institutional clients. The company claims to be the first European entity to offer DeFi yield generation to investors ...
According to The Defiant, Finnish crypto asset management company Tesseract has been granted a MiCA license by the Finnish Financial Supervisory Authority (FIN-FSA), allowing it to provide portfolio management, custody, and asset transfer services to retail and institutional clients. The company claims to be the first European entity to offer DeFi yield generation to investors through active portfolio management under the MiCA framework. Tesseract Group CEO James Harris stated that there is no minimum investment threshold for retail users, while initial deposits for corporate fund management typically amount to around $1 million.
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Link: Finnish Crypto Asset Management Company Tesseract Obtains MiCA License, Offers DeFi Portfolio Yield Services [Copy]