April 15, 2026, Paris, Frankfurt, London — tradias GmbH and Asset Reality Limited, supported by Tangany GmbH, announced today that they have been selected as the sole provider for the end-to-end sale of all virtual assets seized and confiscated in criminal cases, under a contract issued by the French Asset Seizure and Confiscation Management Agency (Agrasc).
Under this framework, Asset Reality, which focuses on government seizure asset management and operations, will operate a dedicated platform for the sale of virtual assets managed by Agrasc. Its strategic partner, tradias, is a BaFin-regulated crypto asset service provider and investment company, providing execution and settlement capabilities for liquidation, while Tangany GmbH acts as the underlying custodian. This innovative model has already seen the successful completion of initial liquidations, bringing together leading crypto asset service providers.
As a result, France has adopted the Asset Reality + tradias model, joining an increasing number of international public sector clients that have utilized this solution in recent years. This trend confirms a broader global phenomenon: governments worldwide are turning to specialized, audited, and compliant frameworks to manage and dispose of seized virtual assets.
Agrasc: An Advanced and Visionary Institution
Agrasc continues to demonstrate its unique position as one of the most advanced Asset Management Offices (AMOs) globally. Its decision to adopt a unified and professional operational model for handling virtual assets in criminal cases highlights France's leadership in this field and aligns the country with international best practices.
It is expected that many countries and their AMOs will follow Agrasc's approach, especially after the introduction of the EU Asset Recovery Directive (2024/1260) in 2024, which sets minimum standards for the management of seized assets and will be implemented in November 2026.
Comprehensive Coverage of 100% of Seized Virtual Assets
A key feature of the new framework is the adoption of a single integrated process that covers all types of virtual assets, whether mainstream cryptocurrencies, tokenized assets, privacy-focused virtual currencies, or more complex blockchain-based tools. This enables Agrasc to handle all asset classes under a unified operational standard of consistency.
Eliminating “Stigma” to Protect Buyers and Ensure Optimal Execution
Due to the public nature of blockchain, seized virtual assets are inherently “tainted” by their on-chain activity history. This poses a significant challenge for government agencies seeking to realize the value of their seized asset portfolios. tradias has developed an innovative and unique process to eliminate this “stigma,” protecting future buyers from any past malicious activities while maximizing compensation value for victims and the government. This unique service is exclusively offered by tradias.