Issuers / Membrane Finance / Paxos
Paxos Issuance Europe Oy (formerly Membrane Finance Oy)
Membrane Finance / Paxos
1:1 EUR e-money per MiCA EMT white paper; product decommissioned by Paxos, redemption-only
Licensed EMIFinland (EU)
Issued assets
1
EUROe
Total supplyEUR
€58K
circulating · 2026-07-01
Regulator
FIN-FSA (Finnish Financial Supervisory Authority)
Licensed EMI (FIN-FSA) — token decommissioned, redemption-only
Attestation
Ad hoc
Not published for the redemption-only phase
Regulatory profile
| Legal entity | Paxos Issuance Europe Oy (formerly Membrane Finance Oy) |
| Jurisdiction | Finland (EU) |
| MiCA status | Licensed EMI (FIN-FSA) — token decommissioned, redemption-only |
| Regulator | FIN-FSA (Finnish Financial Supervisory Authority) ↗ |
| Backing | 1:1 EUR e-money per MiCA EMT white paper; product decommissioned by Paxos, redemption-only |
| Attestation | Ad hoc · Not published for the redemption-only phase |
Issued assets
Access & redemption
| Access type | Retail |
| Onboarding | KYC |
| Direct mint | Not available |
| Direct redeem | Available |
| Freeze capability | Yes |
Key documents
Issuer data sourced from official regulatory registers, issuer disclosures, and MiCA authorization records. Last verified: 2026-06-12. Methodology → · All issuers →