Nexo Ventures backs Schuman Financial, a MiCA-compliant EUR-stablecoin issuer

Nov 26•2 min read

Nexo Ventures is proud to announce its investment in Schuman Financial, a groundbreaking European company that is leading the transition of euro-denominated financial services on-chain. Schuman Financial’s seed round supports the development of EURØP, a fully-backed euro-pegged stablecoin compliant with the EU’s Markets in Crypto-Assets (MiCA) regulation.

Schuman Financial’s innovative approach perfectly aligns with Nexo’s vision for driving the next generation of wealth. As the first independent European company to secure a MiCA-compliant e-money token license from France’s Autorité de Contrôle Prudentiel et de Résolution (ACPR), the regulatory body under the French central bank, Schuman is uniquely positioned in the EUR stablecoin market.

Kalin Metodiev, CFA, Co-founder and Managing Partner at Nexo, shared his thoughts on the collaboration:

“Nexo is glad to work with Schuman Financial, an upcoming MiCA-compliant EUR-stablecoin issuer. Through its pursuit of a strategic market fit and robust regulatory framework, the company will aim to offer a new solution in a demanding market.”

The story behind Schuman Financial's name

The company takes its name from Robert Schuman, a Luxembourg-born French statesman whose visionary 1950 Schuman Declaration laid the groundwork for what would become the European Union. Schuman proposed joint control of coal and steel production—industries critical to armament manufacturing—as a means to unify the European market and foster peace.

Schuman’s vision for collaboration and unity resonates deeply with the company’s mission. Just as Schuman sought to unify Europe, Schuman Financial is committed to bridging the worlds of traditional and digital finance. The name embodies the company's core values:

  • Vision: Inspired by Robert Schuman’s innovative ideas, the company envisions a future where finance is seamlessly integrated across traditional and blockchain systems.

  • Unity: Like Schuman’s efforts to bring nations together, Schuman Financial strives to unify financial systems and make them accessible to everyone.

  • Integrity: Following in the footsteps of its namesake, the company places trust and transparency at the forefront of its mission.

Pioneering the future

Schuman Financial is building an ecosystem around its euro-denominated stablecoin, including SEPA integrations, partnerships with Société Générale and KPMG, and blockchain launches on Ethereum and Polygon. 

Martin Bruncko, Founder and CEO of Schuman Financial, highlighted the massive opportunity ahead:

“Traditional financial services are undergoing a once-in-a-generation transition, as most of them will move on-chain in the coming years. Europe is already the leading market in digital assets with regard to transaction volumes and regulatory clarity. Together with our investors and partners, we’re here to lead and accelerate this transition.”

Looking ahead

Nexo Ventures is excited to support Schuman Financial as it drives the future of European finance. To learn more about our investments and efforts to advance the digital asset ecosystem, visit our Nexo Ventures page.