Aryze
RWA · Stablecoins & FX · ARYZE
Multi-currency RWA stablecoins and FX tokens.
Multi-currency RWA stablecoins and FX tokens.
Assets under management
—
Latest data · 15 min delay
Research
Components, facts, FAQ, timeline, and tokenomics in one place
Main components (4)
Digital Cash (eEUR / eUSD / eGBP)
ARYZE's core product: a series of full-reserve fiat stablecoins ('Digital Cash') pegged 1:1 to the euro, US dollar and British pound, issued as ERC-20 tokens. Reserves are held in short-term government bonds/assets under a full-reserve banking model.
reForge API / E-Assets smart contracts
ARYZE's smart-contract framework and reForge API providing built-in cross-chain transfer support for its E-Assets, intended to move tokens across chains without third-party bridging or wrapping services.
Stablecoin-as-a-Service infrastructure
A unified stack that combines stablecoin/tokenised-RWA issuance with bank-to-bank fiat on- and off-ramp (fiat rails) for licensed issuers, aiming to replace multiple fragmented vendor integrations.
Pay by Bank
An account-to-account payments product built on Open Banking (operated via ARYZE ApS in the UK), letting merchants accept bank-rail payments alongside the stablecoin stack.
Differentiator
Multi-currency RWA stablecoins and FX tokens.
Organizational structure
Units & roles
- Parent operating company (Denmark)
ARYZE ApS
Copenhagen-based Danish entity, CVR 38895052 / VAT DK38895052, founded 2017. Operates the platform and UK Pay-by-Bank / Open Banking product.
- Token issuer
ARYZE BVI
British Virgin Islands subsidiary of ARYZE ApS that issues the Digital Cash stablecoins (eEUR, eUSD, eGBP) under a full-reserve model.
Investment rounds
| Date | Round | Amount | Investors | Link |
|---|---|---|---|---|
| 2026-05-19 | Pre-Series A | €3m (approx. $3.4M) | — | Source |
Similarity to traditional finance products
How Aryze maps onto established TradFi structures, and where it diverges.
| TradFi product | Similarity to Aryze | Key differences |
|---|---|---|
| Regulated e-money / prepaid balances (e.g. bank-issued e-money) | Both represent fiat value redeemable 1:1 and aim to be a cash-like store of value backed by safe reserves. | ARYZE Digital Cash is a bearer ERC-20 token that moves on public blockchains 24/7 and can swap between currency pairs on-chain; traditional e-money is account-based, closed-loop and settles through bank rails. |
| Money market funds / short-term government bond holdings | Reserves for ARYZE stablecoins are held in short-term government bonds, similar to the assets underpinning a government MMF. | Holders of ARYZE Digital Cash receive a transferable payment token pegged 1:1 rather than fund shares, and (as marketed) do not receive fund yield distributions. |