The euro-stablecoins data API now requires an active €49/month subscription and API key.Subscribe →
eurostablecoins.xyz
Issuers / VNX
VNX Commodities AG

VNX

Fiat-backed euro token; VNX states 1:1 EUR reserves at Swiss/Liechtenstein banks (segregated). Not independently confirmed as a MiCA EMT.
Not regulatedLiechtenstein
Overview

VNX (VNX Commodities AG) is a euro stablecoin issuer based in Liechtenstein. It issues VEUR, tracked on this site. VNX is the brand; VEUR is legally issued by VNX Commodities AG (Liechtenstein). Its regulatory status is recorded as TVTG-registered (Liechtenstein); MiCA EMT not confirmed, with FMA Liechtenstein as the named regulator.

Issued assets
1
VEUR
Total supplyEUR
€934K
circulating · 2026-09-13
Regulator
FMA Liechtenstein
TVTG-registered (Liechtenstein); MiCA EMT not confirmed
Attestation
Unknown
Not publicly confirmed
Regulatory profile
Legal entityVNX Commodities AG
Legal issuerVNX Commodities AG (Liechtenstein)
JurisdictionLiechtenstein
MiCA statusTVTG-registered (Liechtenstein); MiCA EMT not confirmed
RegulatorFMA Liechtenstein
BackingFiat-backed euro token; VNX states 1:1 EUR reserves at Swiss/Liechtenstein banks (segregated). Not independently confirmed as a MiCA EMT.
AttestationUnknown · Not publicly confirmed
Issued assets
Access & redemption
Access typeRetail
OnboardingKYC
Direct mintAvailable
Direct redeemAvailable
Freeze capability
Key documents
Issuer data sourced from official regulatory registers, issuer disclosures, and MiCA authorization records. Last verified: 2026-07-29. No public source found on record for: attestation cadence. These fields are shown as rather than estimated. Figures are informational and should be verified against the issuer’s own and the regulator’s disclosures. Source classes & methodology → · Data coverage → · All issuers →