Tokenization Through Utility Tokens: MiCA Compliance in 3 Steps

While tokenization is often carried out through the issuance of Security Tokens due to the legal certainty they offer, issuing Utility Tokens under a specific EU regulatory framework will soon become possible thanks to MiCA. 

This infographic prepared by Bersaitz Alegre summarizes the three key steps to issue Utility Tokens in compliance with MiCA (assuming no exemptions apply):

Drafting the white paper

Notifying the white paper (along with certain disclosure obligations)

Publishing the white paper

Contact Legal Node to learn more about the process for issuing security or utility tokens.