OKX Expands European Operations with MiFID II License
OKX is set too broaden its institutional services in Europe. The crypto exchange has secured a Markets in Financial Instruments Directive II (MiFID II) license. This move follows the acquisition of a Malta-licensed firm. The new entity will start operations later this year, pending approval from the Malta Financial Services Authority.
At a special event in Malta, OKX announced this significant milestone. The MiFID II license will enable OKX to offer derivative products to institutional investors. These services will be available across the European Economic Area, including all EU member states. This expansion aims to integrate digital assets with traditional finance.
Erald Ghoos, CEO of OKX Europe, said, “This license is a big step for us. We can now provide top-tier services adn regulated investment solutions. It will empower investors across Europe.”
The license allows OKX to launch derivative products for institutional clients. The products will enhance market access and attract top financial institutions. The company did not name the acquired entity but highlighted the license’s importance. Ghoos, the CEO, stated, “We’re excited to partner with leading financial institutions. our goal is to make digital assets more accessible.”
OKX’s Europe branch will offer derivatives and other services. The company plans to collaborate with major financial institutions. This will boost market access for investors.
OKX’s Europe arm will offer spot trading, over-the-counter trading, and copy trading. The exchange supports over 240 cryptocurrencies and 60 euro-based trading pairs. This follows OKX’s earlier achievement. In January 2025, OKX became the first global crypto exchange to get the EU’s Markets in Crypto Assets (MiCA) license. This license lets OKX provide localized products across the EU. The MiFID II license is a game-changer. It will help OKX grow its European footprint.The exchange will target institutional clients. The new services will include regulated derivatives. This aligns with OKX’s mission to bridge traditional and digital markets.
OKX’s MiFID II milestone builds on its MiCA license. The MiCA license lets OKX offer localized services. It’s a significant regulatory step. It shows OKX’s commitment to regulatory compliance.
OKX’s Europe arm will launch soon. It will offer a wide range of crypto options. The company’s Europe arm will offer spot trading and more. The MiFID II license is a landmark step in regulation the exchange achieved in late January 2025.
