Hungary“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”
Jorge CorredorLawyer, Rincón Cuéllar & Asociados
Asset tokenization in Hungary
We build the platform to tokenize bonds, shares and revenue rights in Hungary: investor onboarding, ERC-3643 tokens and reconciliation with securities accounts, coordinated with the law firm that structures the issuance under Hungarian capital markets law or MiCA.
Tokenize your asset
They trust Metlabs to tokenize their assets
Why Hungary
Why tokenize assets in Hungary?
Hungary has no dedicated regime for DLT securities: a tokenized share or bond follows capital markets law, which requires dematerialized form for any public offer. In August 2026 it abolished the additional validation of crypto-asset conversions, and the MNB authorizes providers under MiCA. What decides the structure is the right and the company form.
HUF 20M
minimum share capital of an Nyrt., the only company limited by shares that can issue shares with a prospectus
Civil Code, Act V of 20137 days
before a bond issuance without a prospectus, the issuer makes an information memorandum available to interested parties
Decree 285/20012026
the year Act XXXVIII abolished the additional validation of crypto-asset conversions and the related offenses
Act XXXVIII of 2026What gets tokenized
Debt, equity and revenue: what gets tokenized in Hungary
Almost every tokenized issuance represents one of these three rights against the issuer. In Hungary, the right and the company form determine whether the issuance can be offered to the public and in which accounts it is recorded, and they are settled before the network or the token standard.
| Right | Debt | Equity | Revenue |
|---|---|---|---|
| What is issued | Bonds (kötvény) | Shares (részvény) | Revenue rights |
| The investor receives | The investor lends to the issuer and receives interest and, at maturity, the principal. | The investor joins the share capital: dividends, voting rights and a share of any sale or liquidation. | The investor receives a share of the income from an asset: rents, energy sold, sales or royalties. |
| The token enforces |
|
|
|
| Issuer | Kft., Zrt. or Nyrt. | Zrt. or Nyrt. | Kft., Zrt. or Nyrt. |
| Register | Securities accounts (KELER) | Securities accounts (KELER) | KELER if it is a security |
| Law | Capital Market Act (CXX of 2001) | Civil Code (Act V of 2013) | Capital Market Act or MiCA |
| How it is issued | Any business entity with legal personality can issue them. A public offer only allows registered, dematerialized bonds, recorded in securities accounts whose top tier is kept by KELER; in an exempt issuance, the issuer makes an information memorandum available seven days in advance. | A Zrt. can issue printed or dematerialized shares, but only in offers that do not require a prospectus; an offer with a prospectus is reserved for the Nyrt., which is listed. A Kft. does not work as the vehicle: it cannot recruit members through a public invitation. | Classification is decided case by case under ESMA's guidelines: if it is a financial instrument, capital markets law applies; if not, and it is fungible, it may fall under MiCA and Act VII of 2024. Issued as a bond, its terms set the interest, and a public offer requires dematerialized form. |
Regulation
Regulation guide for HungaryWhich regulation applies to tokenization in Hungary?
It depends on the right the token represents. If it is a financial instrument, such as a bond or a share, it follows the Hungarian Capital Market Act (Tpt.) and EU prospectus rules, with the Magyar Nemzeti Bank (MNB) as supervisor. If not, it may fall under MiCA and Act VII of 2024, which applies it; both exclude financial instruments.
There is no Hungarian law on DLT securities. Capital markets law only allows registered, dematerialized securities to be offered to the public, and KELER, the central securities depository, keeps the top-tier accounts and takes part in every issuance of Hungarian securities. In January 2026 no Hungarian infrastructure appeared on ESMA's Pilot Regime list, so the token reconciles with the securities accounts rather than replacing them.
Act XXXVIII of 2026 abolished, from August 7, the additional validation of conversions and its specific offenses, but it does not replace the MNB's CASP authorization or anti-money laundering controls. There are three routes to investors: a prospectus, an exempt offer or an authorized crowdfunding platform. The law firm chooses the route and the company, and authorized entities provide the regulated services.
Hungary
FavourableScore89
- Authorities
- Magyar Nemzeti Bank for authorisation and financial supervision
- Latest regulatory change
- Oct 2026
Key authorisations
- MNB CASP authorisation or applicable Article 60 route
- MiCA cross-border services notification
- Sectoral entitlements for securities, payments and DLT infrastructure according to activity
Our legal partners
Methodology
How we tokenize an asset in Hungary, step by step
The four phases of our methodology, with the parties involved in Hungary. The law firm and our engineering team work in parallel from the asset review to investor acquisition.
We review the asset's title, encumbrances and cash flows, and decide with the issuer whether the token will be a bond, shares or a revenue right. That sets the vehicle, a Zrt., an Nyrt. or, for bonds, also a Kft., the amount and the rules of the issuance.
The law firm classifies the token, drafts the terms or the articles of association and chooses the offer route: prospectus, exempt offer with its information memorandum or crowdfunding platform. With the issuing agent, it prepares the recording of the securities in the accounts that depend on KELER.
We configure the white label platform with your brand: investor onboarding with KYC, signature, payment and ERC-3643 tokens carrying the offer's rules. Reconciliation with the securities accounts and coupon or dividend schedules are custom development.
With the issuer and, where there is one, the placing entity, we prepare the offer page and measure the journey to a paid subscription. After the issuance, the platform handles distributions, transfers between verified investors and reporting.
Reviews in Hungary
What do our clients think of Metlabs?
“We structured the tokenization of real estate projects with them, and I value the team's ability to understand our corporate needs and genuinely solve them.”
Joan MejíaManager, GLOBYNE
“They advised us on the feasibility of tokenizing real estate assets in Uruguay with direct, cordial treatment. A professional team, responsive and always available.”
Álvaro Silva SantamaríaCEO, Sp Inmuebles
“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”
Francisco BetancourtVerified Google review
“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”
Vanessa RivasBlockchain lawyer, El Salvador
“Great professionals, very attentive to their clients and always mindful of every detail. Working with their team has been a genuine pleasure from start to finish.”
CriptorentVerified Google review
“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”
Javier EspasaTokenization entrepreneur
“Exceptional in every sense. From legal support I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”
Pedro A. Agúndez MéndezGoogle Local Guide
“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”
José Luis DíazVerified Google review
“I have worked with them on several projects and they are very professional. A guarantee that everything turns out perfectly. Without a doubt, 100% recommended.”
Ignacio Fernández JiménezVerified Google review
“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”
Jorge CorredorLawyer, Rincón Cuéllar & Asociados
“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”
Francisco BetancourtVerified Google review
“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”
Javier EspasaTokenization entrepreneur
“I have worked with them on several projects and they are very professional. A guarantee that everything turns out perfectly. Without a doubt, 100% recommended.”
Ignacio Fernández JiménezVerified Google review
“We structured the tokenization of real estate projects with them, and I value the team's ability to understand our corporate needs and genuinely solve them.”
Joan MejíaManager, GLOBYNE
“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”
Vanessa RivasBlockchain lawyer, El Salvador
“Exceptional in every sense. From legal support I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”
Pedro A. Agúndez MéndezGoogle Local Guide
“They advised us on the feasibility of tokenizing real estate assets in Uruguay with direct, cordial treatment. A professional team, responsive and always available.”
Álvaro Silva SantamaríaCEO, Sp Inmuebles
“Great professionals, very attentive to their clients and always mindful of every detail. Working with their team has been a genuine pleasure from start to finish.”
CriptorentVerified Google review
“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”
José Luis DíazVerified Google review
Platform
What does our white label tokenization platform include in Hungary?
The investor portal, ERC-3643 tokens and issuer console, under your brand. Out of the box it handles onboarding, signing, payment and distributions; anything else your issuance needs, such as a local payment method or a connection to your bank or custodian, we build on the same platform.
Request a demo
- Your brand and domainYour visual identity and legal notices across the investor portal.
- Investor onboardingKYC with személyazonosító igazolvány or passport, KYB, Pmt. checks and a custodial wallet.
- End-to-end investmentE-signature and payment in forints via Azonnali Fizetés or with stablecoin (USDC/EURC).
- ERC-3643 tokensEach token is issued with the rules of the offer under the Tpt. or MiCA.
- Issuer consoleProjects, investors, forint reconciliation, coupon and dividend payments, and reporting.
- Compliance and audit trailKYC and Pmt. file for each investor, and an exportable audit log.
Institutional custody, integrated
We integrate custody and key management providers through their APIs, including Fireblocks, BitGo, Coinbase Prime, Anchorage Digital, Copper and Ledger Enterprise. Depending on the provider and model, keys are managed with MPC or multisig so that none depends on a single device. If the token is a security, custody on behalf of clients is provided by an authorized entity.
FAQ
Frequently asked questions about tokenization in Hungary
What we are asked before a project starts.
Talk to our teamIs asset tokenization legal in Hungary?
Yes. A tokenized share or bond is still a security subject to capital markets law, and MiCA, together with Act VII of 2024, regulates crypto-assets that are not. What requires authorization is the activity: placing the issuance, operating a trading system or holding assets in custody for others.
Can a Hungarian Kft. tokenize its quotas?
It is not the right vehicle: the law bars a Kft. from recruiting members through a public invitation, and a quota is transferred in writing and takes effect against the company from the moment it is notified. A Kft. can issue bonds, or convert into a Zrt. to issue shares.
How much can be raised without a prospectus in Hungary?
A crowdfunding platform allows up to €5 million per project owner over 12 months. Outside it, the exemption threshold is set by the EU Prospectus Regulation, which the Listing Act revised in 2024 with an option for each member state, and a Zrt. can only issue shares in offers that do not require a prospectus. The law firm confirms it for each offer.
Does the token give ownership of the property?
Not by itself. Ownership of real property and other rights over it are recorded in the Hungarian land register (ingatlan-nyilvántartás) managed by the land offices (földhivatal), and a token does not replace it. The token represents a right against the issuing company, usually the owner, and the issuance terms set out what the investor acquires.
Asset tokenization
Assets we tokenize in Hungary.
Asset tokenization
Articles on tokenization
Real Asset Tokenization: How RWA Tokenization Works
How to structure an RWA project: holder rights, issuance, recordkeeping, payments and recovery. What blockchain adds and what depends on the legal arrangement.
MiFID II and tokenization: classification, services and limits
MiFID II and tokens: financial instrument classification, investment services and the distinction from MiCA before designing an issuance.
What are the differences between security tokens and utility tokens?
How to distinguish financial rights from service access, what legal classification examines and why a token’s name does not determine its regulation.
Tokenize your asset in Hungary
Tell us which right you want to issue and we will propose the technical structure, timeline and phased budget.
Where we are
We're your tokenization company in:
Metlabs Offices
Av. García Sabell, 1, Edificio Proa 15009 A Coruña, Spain
We tokenize assets in
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