Crypto.com obtains MiFID license through the acquisition of Allnew Investments Ltd. in Cyprus, allowing the provision of securities and derivatives in the EEA.
Crypto.com has achieved an important legal milestone by obtaining the MiFID (Markets in Financial Instruments Directive) license through the acquisition of Allnew Investments Ltd., headquartered in Cyprus. This move paves the way for providing traditional financial services such as securities and derivatives in the European market, marking a significant step in the expansion strategy of the world's leading crypto exchange.
According to the official announcement, the MiFID license allows Crypto.com to provide licensed financial services in the European Economic Area (EEA), including securities trading, derivative contracts, and contracts for difference (CFDs) for eligible users. This is a further step after Crypto.com received the MiCA (Markets in Crypto-Assets) license in January 2025, enabling the company to provide crypto asset services across the EEA.
The combination of these two licenses significantly expands Crypto.com's legal capacity and product portfolio in the region. Kris Marszalek, Co-founder and CEO of Crypto.com, shared that obtaining the MiFID license alongside the MiCA license strengthens Crypto.com's position in providing the most comprehensive and compliant financial product suite for users in the EEA.
M&A Strategy to Expand Capabilities
This transaction adds to Crypto.com's recent series of mergers and acquisitions, including Fintek Securities Pty Ltd., Charterprime Ltd., Orion Principals Limited, and the SEC-registered securities broker Watchdog Capital, LLC. This chain of M&A transactions demonstrates Crypto.com's clear strategy of building a diverse and globally compliant financial services ecosystem.
As the legal landscape in Europe becomes clearer with frameworks like MiCA and MiFID II, Crypto.com is well-positioned to offer more robust investment products, moving closer to its goal of becoming a comprehensive financial platform. Obtaining the MiFID license not only expands service capabilities but also enhances Crypto.com's credibility and compliance in the eyes of institutional and individual investors in Europe.
