Getting Started With Genifi Brokerage

Genifi is a brokerage platform where you can either buy and sell tokenized assets or tokenize your already existing traditional portfolio: any liquid real-world asset can be tokenized on the Brokerage. These assets can be any financial instrument that is traded on traditional exchanges, such as stocks, ETFs, bonds, commodities, and fiat currencies (USD, EUR, CZK, and others...). Assets can be issued by any client who has a Genifi account or through OTC, allowing financial institutions, traditional asset managers, blockchain-based businesses, and individuals to take part.

On Genifi, issuing an asset is simple and requires a small number of steps. On the other hand, clients must do the due diligence on the asset they want to hold and evaluate their decision on their own, such as P/E, valuation, risk profile, or other information they can publicly find.

Stablecoins

Stablecoins leverage blockchain technology to improve traditional remittances, bringing stability, security, and innovation. Genifi is an issuer of fully MiCA-compliant and 1:1-backed stablecoins issued and licensed in the European Union. Some of the offered stablecoins are:

• USDO: Backed 1:1 by the US dollar.

• EURO: Backed 1:1 by the Euro.

• CZKO: Backed 1:1 by the Czech Koruna.

• PLNO: Backed 1:1 by the Polish Zloty.

• Other currencies will be added along the way.

Stablecoins offer secure on-ramping and off-ramping from and to supported currencies, fast and secure redemption, and easy integration into various financial services and tasks, including money transfers, payments, settlements, and other applications.

Tokenized assets

Tokenized equities, bonds, ETFs, and commodities are always 1:1 backed and offer redemption guarantees. Once the RWA is issued and in the client's wallet, it can be used in DeFi to the maximum. Important characteristics consist of:

• Price Peg: The underlying asset's price determines the token's price - always 1:1 when minting and redeeming.

• Guarantees: Minting and redemptions are always happening at a 1:1 ratio with the traditional market price of the asset, and anyone with a valid Genifi account has the right to redeem or mint the RWA at the spot market price of the underlying asset.

• Proof of Reserve: Chainlink's Proof of Reserve Reports, which an independent third-party auditor audits, provide a trustworthy source of custody assets that backs the RWA tokens.