The company announced plans to broaden its institutional services in Europe after obtaining the Markets in Financial Instruments Directive license.
The European division of the exchange received the license following its acquisition of a Malta-licensed firm that holds the Markets in Financial Instruments Directive II certification. According to the announcement, this entity will commence operations later in the year, contingent upon approvals from the Malta Financial Services Authority.
While the name of the acquired firm wasn’t disclosed, the achievement of obtaining the MiFID II license was celebrated at a special event in Malta.
This regulatory approval will enable the newly acquired entity to launch derivative products and services aimed at institutional investors. These offerings will be accessible to institutional clients across the European Economic Area, which includes all 30 member states of the European Union.
“Achieving the MiFID II license is a significant step forward in our objective to connect digital assets with traditional financial markets,” stated the CEO of the European branch. “With this license, we are poised to provide institutional-grade services, collaborate with leading financial institutions, and deliver regulated investment solutions that enhance market access and empower investors throughout the continent.”
This milestone in MiFID II follows the significant regulatory achievement the exchange accomplished in late January 2025, where it became the first global cryptocurrency exchange to obtain the EU’s full Markets in Crypto Assets license. This MiCA certification allowed the exchange to offer tailored products and services, effectively passporting them across the EU.
Available offerings will include spot trading, over-the-counter trading, and copy trading.
The exchange boasts over 240 cryptocurrencies and more than 60 euro-denominated trading pairs. The acquisition of the MiFID II license will further expand its presence in Europe, along with the introduction of regulated derivative products.