ASIC granting AFSL to AUDC highlights the value created by Novatti

ASX-listed Novatti Group Limited have advised that AUDC Pty Ltd has been granted an Australian Financial Services Licence (AFSL) by the Australian Securities and Investments Commission (ASIC) to provide non-cash payment facilities.

Novatti holds a non-controlling interest of approximately 45% in AUDC, the issuer of AUDD stablecoin.

The AFSL licence authorises AUDC to issue and operate regulated non-cash payment facilities in Australia, reflecting AUDC’s established governance, compliance, and risk management frameworks. The license removes any potential regulatory risk barrier for Tier-1 domestic banks and asset managers to hold or trade AUD-backed digital assets.

Future interoperability with Novatti’s Payments business will drive innovation across cross-border payments, complex B2B settlements, tokenised real-world asset transactions and many other complex payment processes.

AUDD is the most advanced stablecoin in the Australian market, available on multiple networks, including Ethereum, Stellar, XRP Ledger, Solana, Hedera, XDC Network, Base, and Redbelly Network. Recent momentum includes the first Australia Dollar-backed stablecoin to be listed on Coinbase’s global retail platform in September 2025 and surpassing $1.4 billion in payments volume on Stellar in January 2026.

In 2025 AUDC completed a successful Pre-Series A round, raising $5 million at $0.80 per share, lifting the valuation of Novatti’s interest (20m shares) to $16m in December 2025.

Novatti CEO, Mark Healy, said, “ASIC granting this AFSL continues to highlight the value created by Novatti’s incubation of AUDC, provides regulatory clarity and positions the business for scalable growth. Novatti continues to retain exposure to AUDC’s upside potential, at a time when we are seeing rapid global momentum in digital finance and the adoption of stablecoins.”

Disclosure: At the time of writing, Australian FinTech Pty Ltd is a shareholder of Novatti Group Limited.