tradias, Asset Reality, and Tangany Selected for France’s Multi-Year Framework for the Sale of Seized Cryptocurrencies; First Liquidations Successfully Completed

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Paris / Frankfurt / London – 10 April 2026 – tradias GmbH and Asset Reality Limited, supported by Tangany GmbH, today announced they have been selected as the sole providers for the end-to-end sale of all virtual assets seized and confiscated in criminal cases, following the award of the public service contract published by the French Agency for the Management and Recovery of Seized and Confiscated Assets (Agrasc).

Under this framework, Asset Reality, a platform specialising in the management and operations of seized assets for governments, operates the dedicated platform used to sell virtual assets managed by Agrasc in France. Its strategic partner, tradias, a BaFin-regulated securities trading bank, provides regulated execution and settlement capabilities for the liquidations, with the support of Tangany GmbH as the underlying custodian. The first successful liquidations have already been completed under this innovative model, which brings together leading virtual asset service providers.

France thus adopts the Asset Reality + tradias model, joining a growing list of international public sector clients that have used this solution in recent years. This confirms a broader global trend: governments are turning to specialised, audited, and regulation-compliant frameworks for the management and disposal of seized virtual assets.

Agrasc: A Sophisticated and Visionary Institution

Agrasc continues to distinguish itself as one of the world’s most advanced Asset Management Offices (AMOs). Its decision to adopt a unified and specialised operational model for seized virtual assets in criminal cases underscores France’s leadership in this field and aligns the country with international best practices.

Many countries and their AMOs are expected to follow Agrasc’s example, particularly in light of the latest EU Directive on Asset Recovery (2024/1260), which sets minimum standards for the management of seized assets, to be implemented by November 2026.

Comprehensive Coverage of 100% of Seized Virtual Assets

A major feature of the new framework is the use of a single integrated process for 100% of virtual asset types, whether mainstream cryptocurrencies, tokenised assets, privacy-focused cryptocurrencies, or more complex blockchain-based instruments. This enables Agrasc to address all asset categories under a single, consistent operational standard.

Removal of “Taint” to Protect Buyers and Ensure Best Execution

Due to the public nature of blockchains, seized virtual assets are inherently “tainted” by their on-chain activity history. This poses a major challenge for government agencies seeking to realise the value of their seized asset portfolios. tradias has developed an innovative and exclusive process to remove this “taint”, protecting future buyers of seized virtual assets from any past malicious activity while maximising the value returned to victims and governments. This unique offering is provided exclusively by tradias to governments and all Asset Reality clients.

Charlotte Hemmerdinger, Director General of Agrasc:

“Agrasc has paid particular attention to the conduct of the procurement process for its public contract for the sale of cryptoassets, ensuring rigorous and regulation-compliant selection. The fluid and structured relations and communication with tradias/Asset Reality/Tangany have facilitated the efficient execution of the first sales, thus confirming the relevance of the established partnership.”

Nils von Schoenaich-Carolath, Chief Growth Officer at tradias, stated:

“It is a great honour for us to support France in this strategically important area. Being selected for this framework and successfully completing the first liquidations is a testament to the trust placed in our expertise. It also strengthens tradias’ unique position in this sector. This reflects the strength of our highly complementary partnership with Asset Reality and demonstrates that this joint solution is becoming the market standard.”

Hugo Hoyland, Chief Strategy Officer at Asset Reality, added:

“Agrasc has set a new global standard for the management of seized virtual assets by governments. Their approach is sophisticated, visionary, and aligned with the complex realities of today’s asset recovery landscape. We are proud to support Agrasc with a solution covering 100% of seized assets, compliant with international best practices, and backed by tradias’ regulated infrastructure.”

About Asset Reality

Asset Reality provides the infrastructure needed to manage seized and operational assets end‑to‑end. Our Platform combines a global system of record with government‑grade digital asset custody infrastructure, replacing fragmented legacy workflows across physical and digital asset lifecycles. Already trusted by agencies and regulated practitioners worldwide to handle more than 1,500 seizures and $1 billion in seized asset transactions, our Platform supports complex, high‑sensitivity, cross‑jurisdictional workflows with strict security, auditability, and compliance. By standardising processes from seizure to disposal and sourcing to deployment, Asset Reality is the modern infrastructure layer underpinning asset recovery and criminal disruption, improving outcomes for victims and governments.  

About tradias

tradias is the institutional-grade infrastructure and crypto trading engine behind Europe’s top banks & brokers. Enabling 30M+ Europeans to trade crypto via their bank. The default B2B2C rail for crypto in Europe. As a regulated investment firm and crypto-asset services provider with 100% focus on crypto & digital assets, tradias provides the necessary infrastructure and services to enable institutional investors to access the enormous potential of digital assets. tradias enables its customers to trade a variety of cryptocurrencies and other digital assets in a regulated environment, as well as to access a range of other digital asset services such as tokenisation. tradias' core and history is in trading and market making – building on these capabilities and experience, tradias created a holistic financial services offering for digital assets.

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