Brandl Talos has advised Riddle&Code FinTech Solutions on its registration as a virtual currency service provider with the Austrian Financial Market Authority.
Riddle&Code FinTech Solutions is a developer and provider of hardware and software stacks that empower funds, crypto exchanges, and regulated financial institutions to manage all aspects of key generation, custody, AML, regulatory compliance, and token management.
According to Brandl Talos, Riddle&Code is focused on the tokenization of industrial services. According to the firm, “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 licensed to safeguard and issue payment and utility tokens.”
The Brandl Talos team was led by Associated Partner Raphael Toman.