Tokenization aided by MiCA, insights with Wojciech Kaszycki

Selva Ozelli Esq, CPA, Writer of Sustainably Investing in Digital Belongings asks Wojciech Kaszycki, Chief Technique Officer (CSO) of BTCS SA Europe’s first devoted Digital Asset Treasury Firm why he thinks there can be a consolidation of crypto treasury corporations and the shift towards institutional grade stablecoin infrastructure and tokenization that’s aided by MiCA. By Selva Ozelli Esq., CPA, Writer of “Sustainably Investing in Digital Assets Globally”

Wojciech Kaszycki serves because the Chief Technique Officer (CSO)  for BTCS S.A. a Polish expertise firm headquartered in Warsaw acknowledged as Europe’s first devoted Digital Asset Treasury Firm (DATCO) which has an  “Active Treasury” technique, utilizing Bitcoin as an anchor asset whereas producing yield by way of staking, validator operations, and tokenized Actual-World Belongings (RWA).  In late 2025, the corporate reported a tenfold enhance in market capitalization following its pivot to blockchain infrastructure and has since pursued important capital raises, together with a $100 million Sequence G spherical.

Wojciech is a serial entrepreneur with over 30 years of background in scaling fintech and digital-asset infrastructure.  He’s the founding father of Mobilum, a regulated digital cost providers supplier and Bitcoin banking platform (CSE:MBLM) established in 2010.    He led the event of a worldwide plug-and-play fiat to crypto alternate platform and scalable on and off-ramp options utilized by exchanges, wallets, and DeFi protocols.  As an ACAMS Licensed Crypto asset Specialist, an energetic investor and advisor in fintech and medtech, centered on scaling digital financial system infrastructure, he has been vocal in regards to the consolidation of crypto treasury corporations and the shift towards institutional-grade stablecoin infrastructure and tokenization.

Inform us about your academic {and professional} journey main as much as founding Mobilum a regulated crypto funds platform.

I began in tech entrepreneurship in Poland within the early Nineties, proper because the nation was opening up. Over 30 years I constructed and scaled companies throughout funds, fintech, and digital infrastructure. I earned my ACAMS Licensed Crypto asset Specialist designation alongside the best way. Mobilum was a pure evolution – combining my funds expertise with the rising crypto ecosystem.

You might be an early believer and adopter of BTC.  How did you turn out to be conscious of BTC and inform us about Mobilum.

I found Bitcoin in 2014 and instantly noticed the hole there was no simple means for holders to transform again to fiat. So, I arrange Mobilum initially as an off-ramp for BTC customers. From there it grew right into a full plug-and-play fiat-to-crypto platform, serving exchanges, wallets, and DeFi protocols with scalable on- and off-ramp options.

Inform us about BTCS a crypto treasury firm and the way you grew to become the CSO of this firm.

BTCS (previously Vakomtek) was a NewConnect-listed Polish tech firm that we pivoted into Europe’s first devoted Digital Asset Treasury Firm. As CSO, I formed the technique: Bitcoin because the anchor treasury asset, with yield era by way of CoreDAO validator operations, staking, and tokenized RWAs. The market responded – we noticed a tenfold enhance in market cap following the pivot.

For an investor what are the advantages of shopping for the inventory of a crypto treasury firm vs  investing in shares of a crypto ETF?

An ETF offers you passive, index-like publicity. A treasury firm offers you energetic publicity administration is working to develop the BTC-per-share ratio by way of yield methods, validator revenue, and strategic capital allocation. You’re shopping for operational upside, not simply worth monitoring. Plus, treasury corporations can leverage fairness markets to build up property in methods an ETF structurally can not.

As of late 2025–early 2026, there are over 150 to almost 200 publicly traded corporations holding digital property of their company treasuries, holding over $100 billion in crypto mixed. Led by MicroStrategy, these corporations—together with miners, tech corporations, and funding automobiles—have quickly adopted Bitcoin, Ethereum, and Solana for his or her treasury administration.  You may have been vocal in regards to the consolidation of crypto treasury corporations. Inform us why?

Most of those 150-200 corporations holding crypto on their steadiness sheets haven’t any actual operational thesis – they purchased Bitcoin and known as it a method. That’s not sustainable. The market will consolidate round corporations that generate precise yield on their holdings, have regulatory standing, and provide institutional-grade infrastructure. Passive holders will both be acquired, pivot, or fade. The winners can be these combining treasury administration with actual infrastructure – staking, validator operations, lending, tokenization.

In 2026, the tokenization of the world monetary market is quickly advancing by way of stablecoins and Central Financial institution Digital Currencies (CBDCs), which operate as programmable, on-chain money for settling digital property. Stablecoins allow quick, 24/7 cross-border transactions and tokenized asset collateralization, whereas wholesale CBDCs are rising to supply safe, remaining settlement in interbank markets.  What are the components supporting quick tokenization of the world monetary markets?

Three forces are converging: regulatory readability (MiCA in Europe, evolving frameworks globally), infrastructure maturity (stablecoins at $307B show on-chain settlement works at scale), and institutional demand (banks and asset managers need 24/7, programmable, composable property). Add falling rates of interest driving seek for yield, and you’ve got each incentive aligned for speedy tokenization.

The world monetary sector is tokenizing underneath two completely different approaches stablecoin vs CBDC what are the advantages to both method?

Stablecoins are market-driven, quick, composable, and already at scale – they work as we speak for cross-border funds and DeFi collateral. CBDCs provide sovereign backing and settlement finality, which issues for interbank and wholesale markets. I see them coexisting: stablecoins for retail and industrial flows, wholesale CBDCs for institutional settlement. The secret’s interoperability between the 2 layers.

The European Union’s (EU) Markets in Crypto-Belongings (MiCA) regulation is extensively thought-about the world’s first complete, pan-European regulatory framework for digital property that was accredited in 2023 and absolutely energetic by early 2025.  It offers a unified rulebook for crypto-asset service suppliers (CASPs) and issuers throughout all 27 EU international locations with a deadline of  July 1, 2026 which ends the 18-month “grandfathering” transitional interval for CASPs.  Does MiCA apply to crypto treasury corporations and crypto funds platforms?

Sure, however otherwise. A crypto funds platform like Mobilum falls squarely underneath CASP licensing necessities. A pure treasury firm holding Bitcoin on its steadiness sheet is much less immediately regulated underneath MiCA – it’s extra of a company treasury determination than a regulated crypto service. Nonetheless, the second a treasury firm provides providers to 3rd events – custody, alternate, staking-as-a-service – MiCA kicks in absolutely. The July 2026 grandfathering deadline is the exhausting line.

What are the challenges of MiCA implementation throughout the 27 EU international locations for crypto treasury corporations and crypto funds platforms?

Fragmented transposition throughout 27 member states is the largest headache. Nationwide competent authorities interpret necessities otherwise – capital adequacy calculations, substance necessities, fit-and-proper assessments all range. For a corporation working throughout borders, you’re coping with one regulation however successfully 27 implementations. Add DORA (Digital Operational Resilience Act) on high, and the compliance burden is important, particularly for smaller corporations.

Are there areas of regulatory uncertainty in MiCA implementation throughout the 27 EU international locations for crypto treasury corporations and crypto funds platforms and the way are corporations adapting in actual time?

The most important gray areas are round DeFi (MiCA largely doesn’t tackle it), NFT classification, and the way precisely staking providers are categorized. For treasury corporations, the therapy of Bitcoin as a reserve asset underneath prudential guidelines stays unclear. Corporations are adapting by over-engineering compliance, making use of for licenses in a number of jurisdictions, constructing modular compliance stacks, and sustaining shut dialogue with regulators. At Mobilum Group we work throughout a number of EU licenses exactly to handle this uncertainty.

The rest you want to add?

The following 18 months will outline who the actual gamers are in European crypto infrastructure. MiCA isn’t a barrier it’s a moat for many who are prepared. We’re constructing for a world the place Bitcoin banking, tokenized property, and controlled stablecoin infrastructure converge. That’s what Mobilum Group and BTCS are positioned for.

Selva Ozelli Esq, CPA is a world digital asset authorized professional and writer of Sustainably Investing in Digital Belongings Globally.  Her writings are translated into 45 languages and republished in over 200 world publications.  She is acknowledged as an professional media/TV commentator on world digital asset regulation, tax, and expertise issues.