OKX Europe acquires MiFID II-licensed firm in Malta
The exchange recently received permission to trade crypto assets in Europe.
Chamomile Shumba | Edited by Nikhilesh De Updated Mar 12, 2025 7:45 PM UTC Published Mar 12, 2025 5:12 PM UTC
What is important to know:
- Cryptocurrency platform OKX Europe has acquired a MiFID II-licensed company in Malta, bringing it closer to launching derivatives in Europe.
- OKX is still awaiting approval from Maltese regulators.
Cryptocurrency exchange OKX Europe has acquired a company licensed in Malta under the Markets in Financial Instruments Directive II (MiFID II), taking it a step closer to offering regulated derivatives products across Europe, the company said in a statement on Wednesday.
The company is expected to launch later this year once the exchange receives approval from the Malta Financial Services Authority (MFSA). The exchange did not disclose which company it acquired.
With the MiFID II licence, OKX will be able to offer regulated derivative financial products and services to its institutional clients in the European Economic Area, which includes the 27 member states of the European Union as well as Iceland, Liechtenstein and Norway.
This is another step towards strengthening the third-largest exchange by market capitalization in the EU, according to a press release. In January, it received a Markets in Crypto Assets license from Malta.
Read more: One Trading Receives Dutch Regulatory Approval to Offer Crypto Derivatives Trading in Europe
