Share this article
OKX Europe Acquires MiFID II-Licensed Company in Malta
The exchange recently obtained a Markets in Crypto Assets license in Europe.
Updated Mar 12, 2025, 7:45 p.m. Published Mar 12, 2025, 5:12 p.m.
What to know:
- Crypto exchange OKX Europe has obtained a MiFID II-licensed firm in Malta, bringing it a step closer to offering derivatives in Europe.
- OKX still needs approval from Maltese regulators.
Crypto exchange OKX Europe has acquired a Malta-licensed firm with a Markets in Financial Instruments Directive II (MiFID II) license, bringing it a step closer to offering regulated derivatives products throughout Europe, the firm said in a statement on Wednesday.
STORY CONTINUES BELOW
The entity is expected to become operational later this year, once the exchange gets approval from the Malta Financial Services Authority (MFSA). The exchange did not say which firm it acquired.
With its MiFID II license, OKX will be able to provide regulated derivatives products and services to its institutional clients in the European Economic Area, which includes 27 European Union member states as well as Iceland, Liechtenstein and Norway.
This is another step solidifying the third-largest exchange in terms of market cap in the EU, the release said. It attained a Markets in Crypto Assets license from Malta in January.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Do Kwon Judge Demands Answers Before Sentencing Over ‘Assurance’ He’ll Serve Time
Judge asked whether Kwon might be freed abroad and asked for details on victims, time-served credit and unresolved charges ahead of sentencing.
What to know:
- A U.S. district judge has posed six questions regarding the sentencing of Terraform Labs founder Do Kwon, who is accused of defrauding investors.
- Judge Paul A. Engelmayer is seeking clarity on issues such as Kwon's potential extradition to South Korea and victim compensation before the sentencing hearing on Thursday.
- Terraform's collapse, which once had a market value exceeding $50 billion, was a significant event in the 2022 crypto market downturn.
Top Stories
