Crypto.com Secures MiFID and MiCA Licenses for European Derivatives Expansion through Allnew Investments Acquisition
Crypto.com has acquired Cyprus-based Allnew Investments Ltd, securing a Markets in Financial Instruments Directive (MiFID) license from the Cyprus Securities and Exchange Commission. This move allows Crypto.com to offer a broader range of regulated financial products—including derivatives, stocks, and contracts for difference (CFDs)—to users across the entire European Economic Area (EEA), encompassing all 27 EU nations plus Iceland, Liechtenstein, and Norway. The acquisition places Crypto.com alongside major competitors such as Gemini and Kraken, both of which have also obtained similar licenses for European operations. This development builds on Crypto.com’s earlier achievement of obtaining a Markets in Crypto Assets (MiCA) license, which previously enabled it to expand crypto custody and exchange services across the EEA. With both MiFID and MiCA licenses, Crypto.com strengthens its regulatory standing, enhances client trust, and expands its service offerings. Demand for derivatives in Europe is rising, prompting leading exchanges to bolster compliance and diversify their product range. The financial details of the acquisition remain undisclosed. As regulatory requirements tighten across Europe, securing such licenses becomes crucial for market access, credibility, and competitive positioning within the crypto sector.
Bullish
Acquiring both MiFID and MiCA licenses enables Crypto.com to offer regulated traditional and crypto financial products—particularly derivatives—across all EEA markets. This positions Crypto.com as a key player in the intensifying European derivatives market, enhances regulatory credibility, and increases customer trust, thereby likely attracting more institutional and retail investors. The move signals strong long-term growth prospects as regulatory compliance is increasingly a barrier to entry in Europe. While the immediate price impact may be modest, the strengthened market position and new service offerings are likely to have a positive influence on Crypto.com’s growth, liquidity, and trading volumes, making the news bullish for the company and its associated cryptos.