BeToken Launches on Polygon (MATIC) as Spain’s First Regulated Onchain STO

In a landmark development for the European financial landscape, BeToken has been launched on the Polygon (MATIC) blockchain, marking Spain’s first fully regulated onchain Security Token Offering (STO). This move, which places Spain at the forefront of real-world asset tokenization in the European Union, is seen as a significant milestone in the integration of blockchain technology with traditional financial systems.

BeToken: A Pioneering Venture

BeToken represents a legally recognized share in Beself Brands, a Spanish digital-native company with a portfolio of wellness and lifestyle brands. The tokenization process is conducted entirely onchain, leveraging Polygon’s efficient and cost-effective blockchain infrastructure. Not merely a pilot or sandbox initiative, this STO is fully operational and compliant with Spain’s regulatory standards, as overseen by the Comisión Nacional del Mercado de Valores (CNMV).

The token offers real economic and governance rights to its holders, including dividends and voting power, aligning with BeToken’s shareholder rules. Utilizing the ERC-3643 standard, BeToken ensures compliance by integrating Know Your Customer (KYC) and Anti-Money Laundering (AML) checks directly into its transactions, maintaining the integrity and security of the investment process.

Polygon’s Role in Asset Tokenization

Polygon has emerged as a preferred platform for enterprises seeking to bring regulated real-world assets (RWAs) onchain. With its fast, reliable, and low-cost infrastructure, Polygon facilitates seamless transactions and asset settlements, akin to traditional stock exchanges. The network’s capabilities are underscored by its ability to handle millions of daily transactions and its growing institutional ecosystem.

In the first half of 2025 alone, over $1 billion in payment volume was processed on Polygon, which is noted for its efficiency in peer-to-peer payments and its substantial stablecoin holdings. The platform’s recent technical upgrades, including the Bhilai hardfork and Heimdall v2, have further enhanced its transaction speed and cost efficiency, making it an attractive option for global financial markets.

Implications for the Future

The launch of BeToken on Polygon is not just a milestone for Spain but also a signal of the broader potential for blockchain technology in transforming capital markets. As more institutions and enterprises recognize the benefits of tokenization, platforms like Polygon are set to play a crucial role in the future of digital finance. With ongoing developments and a clear strategy for scaling, Polygon is well-positioned to lead the charge in making global finance more accessible and efficient.

According to Polygon Technology, these advancements are paving the way for a new era in capital efficiency, where real-world assets can be tokenized and traded with unprecedented ease and security.

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