Crypto.com confirmed Wednesday that it has obtained a Markets in Financial Instruments Directive (MiFID) license after completing its acquisition of Cyprus-based A.N. Allnew Investments Ltd. The approval, granted by the Cyprus Securities and Exchange Commission (CySEC), enables the cryptocurrency platform to offer regulated financial instruments to users across the European Economic Area (EEA).
Allnew, a CySEC-licensed investment firm, provides investment and ancillary services linked to financial instruments such as securities and derivatives. Through this acquisition, Crypto.com can now operate under Allnew’s MiFID license, allowing it to expand its financial services offerings in Europe.
License Expands Access to Regulated Financial Products
With the MiFID license, Crypto.com can offer eligible users access to a wider range of regulated products, including contracts for difference (CFDs), derivatives, and other financial instruments. This move builds on Crypto.com’s earlier regulatory milestones, including its January 2025 acquisition of a Markets in Crypto-Assets (MiCA) license, which permits passporting of crypto services across the EEA.
According to the company, the MiFID license complements its existing regulatory authorisations and enhances its ability to provide crypto and traditional financial products under a regulated framework. The firm did not disclose the financial terms of the Allnew transaction.
Part of Ongoing Expansion Strategy
The acquisition is the latest in a series of strategic moves by Crypto.com aimed at expanding its global footprint through licensing and acquisitions. In recent months, the firm has completed purchases of several regulated entities, including Fintek Securities Pty Ltd., Charterprime Ltd., Orion Principals Limited, and U.S.-based Watchdog Capital, LLC.
Kris Marszalek, Crypto.com’s co-founder and CEO, said in a statement that the company intends to leverage its regulatory progress to deepen engagement with users across Europe. However, he stopped short of announcing immediate product launches tied to the MiFID license.
Crypto.com, which was founded in 2016 and is headquartered in Singapore, has been seeking to grow its presence in Europe amid increasing regulatory clarity in the region. The MiCA framework, adopted by the European Union in 2023, is intended to harmonise crypto regulation across member states and has opened new pathways for licensed firms to expand services across borders.
Regulators across the EU have encouraged firms to obtain MiCA and MiFID licenses to ensure they can offer crypto and traditional financial products in compliance with local laws.
With the Allnew acquisition complete, Crypto.com joins a growing list of crypto firms integrating regulated investment services into their platforms as the lines between traditional finance and digital assets blur.
