Amsterdam,18th February 2025 – Three Netherlands-based organizations - Quantoz Payments, NPEX, and Dusk - are working together to release EURQ, a digital euro, opening up the way for traditional, regulated finance to operate at scale on the Dusk blockchain. This marks the first time a Multilateral Trading Facility (MTF)-licensed stock exchange, NPEX, will utilize electronic money tokens (EMT) through a blockchain.
EURQ is designed to be MiCAR compliant. This partnership is the first time a licensed stock exchange, an EMT provider, and a blockchain foundation have combined forces, enabling a seamless, secure, and compliant bridge between traditional financial systems and blockchain-powered decentralized applications, allowing for the trading and issuance of regulated, real-world assets on-chain through Dusk and NPEX.
On-chain, regulated finance
The partnership allows for:
Enhanced Accessibility: Providing a digital euro that facilitates secure and instant transactions for users and enterprises using the Dusk blockchain.
Streamlined Settlements: Simplifying cross-border and B2B transactions with Quantoz Payments’ regulatory-compliant framework, reducing friction for businesses adopting blockchain solutions.
Boosted Liquidity: Enabling new use cases such as tokenized securities, decentralized finance (DeFi), and digital payments, supported by a robust and euro-denominated settlement mechanism.
Regulatory Confidence: With all three parties being compliant with the most stringent regulatory regime in the world, this partnership paves the way for real-world assets and regulated finance to be compliantly brought on-chain.
A Shared Vision for Financial Innovation
Emanuele Francioni, co-founder and CEO at Dusk, shared his enthusiasm:
“At Dusk, we envision a future where decentralized digital assets are seamlessly integrated into the real economy. Our collaboration with Quantoz Payments and the integration of EURQ mark a pivotal step toward this vision. EURQ is not just a stablecoin—it is an actual Euro currency, approved by regulators as the true digital form of the Euro. This milestone underscores Dusk’s leadership in bridging traditional finance with decentralized technologies, paving the way for a more inclusive and innovative financial ecosystem.”
Empowering Enterprises with EURQ
The integration of Quantoz within the Dusk ecosystem opens new opportunities for enterprises to:
Issue tokenized assets with euro-backed stability.
Conduct real-time, low-cost settlements across borders.
Adopt blockchain-powered financial services with confidence in regulatory compliance.
Revolutionizing Regulated Finance
Quantoz Payments CEO, Arnoud Star Busmann, added:
“We are excited to collaborate with Dusk and NPEX, leaders in the intersection between blockchain and regulated finance. EURQ is designed to empower enterprises with a trusted and compliant digital asset solution, and we believe this partnership will set new standards for innovation in regulated finance.”
Mark van der Plas, NPEX CEO, confirms “We are thrilled to add Quantoz Payments to our partnership with Dusk. A regulated, compliant, digital euro is a vital piece of the equation to build an on-chain stock exchange, and we are confident this groundbreaking partnership will benefit not only the three parties involved, but also users and finance more broadly.”
About Dusk Dusk is a financial network run by its users and built for regulated markets and their institutions. By enabling confidential, compliant, and programmable securities, Dusk empowers businesses to embrace blockchain’s transformative potential without compromising privacy or regulatory compliance.
About Quantoz Payments Founded in 2021, Quantoz Payments issues USDQ, a US dollar-backed E-Money Token (EMT), and two euro-backed EMTs, EURQ and EURD, within the European Economic Area. These EMTs facilitate fast, cheap, transparent, and secure blockchain technology-based payments. Incorporated in the Netherlands, the Company holds an Electronic Money Institution (EMI) license from the Dutch supervisory authority, the Dutch Central Bank. The funds received in exchange for the e-money tokens are held by Stichting Quantoz, a bankruptcy remote entity, which ensures that these funds are safeguarded following the requirements of MiCAR.Quantoz Payments and Stichting Quantoz are subject to prudential supervision by DNB.
About NPEX NPEX was founded in 2008 and has both a Multilateral Trading Facility (MTF) and a European Crowdfunding Service Providers (ECSP) license from the Netherlands Authority for the Financial Markets (AFM). NPEX has facilitated 102 successful financings up to now, amounting to more than €196 million.