Finnish crypto asset management firm Tesseract obtains MiCA license to offer DeFi portfolio yield services

ChainCatcher News, according to The Defiant, Finnish crypto asset management company Tesseract has obtained a MiCA license from the Finnish Financial Supervisory Authority (FIN-FSA), allowing it to provide portfolio management, custody, and asset transfer services to both retail and institutional clients. The company claims to be the first European entity under the MiCA framework to offer DeFi yield generation to investors through active portfolio management.

Tesseract Group CEO James Harris stated that there is no minimum investment threshold for retail users. For corporate fund management, the initial deposit is typically around $1 million.