Sunday, May 25, 2025

Crypto.com Secures MiFID Licence to Expand Investment Services Across Europe

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KEY TAKEAWAYS

  • Crypto.com secures a MiFID licence, enhancing its ability to offer a wide range of financial products in Europe.
  • The acquisition of A.N. Allnew Investments Ltd allows Crypto.com to expand its investment services across the EEA.
  • With both MiFID and MiCA licences, Crypto.com strengthens its position in the European financial market.
  • This strategic move is part of Crypto.com’s broader plan to increase user engagement and platform adoption.

On May 21, 2025, Crypto.com announced that it has secured a Markets in Financial Instruments Directive (MiFID) licence. This follows the approval of its acquisition of A.N. Allnew Investments Ltd (Allnew) by the Cyprus Securities and Exchange Commission (CySEC). Allnew is authorized by CySEC to provide investment and ancillary services related to various financial instruments.

With this acquisition, Crypto.com will be able to offer eligible users a broad range of financial products, including securities, derivatives, and contracts for difference. This development comes after Crypto.com received its Markets in Crypto-Assets (MiCA) licence in January 2025, which allows it to passport services across the European Economic Area (EEA). The acquisition is a significant step in Crypto.com’s roadmap to expand its product offerings.

Strategic Expansion in Europe

According to Kris Marszalek, Co-Founder and CEO of Crypto.com, securing the MiFID licence alongside the MiCA licence strengthens the company’s position in offering a comprehensive and regulated suite of financial products for users in the EEA. Marszalek stated, “We have already expanded our brand presence in Europe since receiving our MiCA licence and we now look forward to providing customers across the region even more ways to engage with our platform through these new offerings.”

The MiFID licence adds to Crypto.com’s growing list of licences and registrations globally. This announcement follows several recent acquisitions by Crypto.com, including Fintek Securities Pty Ltd., Charterprime Ltd, Orion Principals Limited, and SEC-registered broker-dealer Watchdog Capital, LLC.

Implications for Crypto.com Users

The acquisition of Allnew and the subsequent MiFID licence approval will enable Crypto.com to enhance its service offerings significantly. Users in the EEA will have access to a wider array of financial products, potentially increasing engagement and adoption of the platform.

For more details, the announcement can be found here.

Crypto.com’s acquisition of a MiFID licence marks a strategic expansion in its ability to offer regulated financial products across Europe, following its earlier MiCA licence approval.

A recent DLA Piper report highlights that European crypto regulatory trends are being shaped by the MiCA framework, which provides a comprehensive regulatory structure for crypto assets. This aligns with Crypto.com’s strategic move to secure both MiCA and MiFID licenses, enhancing its regulatory compliance and service offerings in the region.

As per insights from a DeFi Planet article, Crypto.com is actively expanding its operations across Europe, leveraging its regulatory approvals to increase digital asset adoption and accessibility. This supports the impact of Crypto.com’s latest acquisition and licensing, enabling the company to offer a broader range of financial services across the European Economic Area.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Sharif
Sharif
Sharif is a seasoned software engineer with a decade of experience in the tech industry, including 8 years in cryptocurrency and blockchain. With deep knowledge of decentralized technologies, Sharif offers insightful analysis and expert commentary on the transformative potential of blockchain. Through CoinsHolder.com, he shares his expertise, making him a respected voice in the cryptocurrency community.

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