Sky (ex-MakerDAO)
The record
- Entity
- Sky (ex-MakerDAO)
- Domicile
- Decentralised (no EU issuer)
- NCA
- —
- Licence type
- —
- Authorised
- —
- Website
- sky.money
Last checked 24 JUL 2026
Decentralized issuer, no EU EMT licence — D1 absent by design, composite capped
Issued tokens
One token, one claim.
Every token carries this issuer's D1, D2 and D4 verbatim; only token-level disclosure (D3) can differ. A coin can never score above the entity that mints it.
Verification profile · v0.2
The score.
Three dimensions live on the issuer — D1 regulatory (weight 30), D2 reserves (30) and D4 issuer standing (15). D3 transparency is scored per token, and the composite is published on each coin's profile. Without D1 the composite is capped at 24.
Footprint · context only · weight 0
D3 scored per token — shown on each coin's profile.
Your claim
What redemption actually looks like.
No EU authorisation means no redemption right under EU law. Sky (ex-MakerDAO) is not an authorised EMT issuer — there is no entity a European holder can take to court, so the secondary-market price is the only price.
Timeline
On the record.
Absence from the ESMA EMT register re-confirmed against primary sources.
Sources · checked 2026-07-24