Agant Registers with FCA, Enters GBP Stablecoin Market
UK-based fintech firm Agant has announced its crypto asset operations have been officially registered with the UK Financial Conduct Authority (FCA), marking a key milestone in its compliance journey. This development paves the way for Agant to launch its planned stablecoin and strengthens investor confidence in its long-term vision.
Launching GBPA, a Fully Backed GBP-Linked Digital Asset
Agant plans to issue GBPA, a stablecoin fully backed by reserves and pegged 1:1 to the British pound, within the UK’s regulatory framework. The company aims to offer a reliable and transparent digital asset solution for institutional clients, particularly in high-value payment systems, settlement processes, and asset tokenization.
Collaborating with Regulators to Build Future Financial Infrastructure
The firm has emphasized its commitment to working closely with UK regulators and traditional financial institutions to promote responsible innovation in the digital asset space. Agant believes stablecoins like GBPA will play a crucial role in the evolution of financial infrastructure, particularly in cross-border transactions and programmable finance.
- Completed FCA registration for crypto operations
- Plans to launch GBPA, a pound-pegged stablecoin
- Focused on institutional compliance and digital transformation
- Supporting stablecoin use in payments and tokenized assets