Cryptocurrency exchange OKX is gearing up to enhance its institutional services across Europe after securing a Markets in Financial Instruments Directive (MiFID II) license.
This milestone follows OKX’s acquisition of a Malta-licensed firm that holds the coveted MiFID II authorization, further solidifying the company’s regulatory compliance within the European market.
According to the announcement, the newly acquired entity will commence operations later this year, pending final approval from the Malta Financial Services Authority (MFSA). While OKX has not disclosed the name of the acquired firm, the company celebrated its MiFID II achievement at an exclusive event in Malta.
With this regulatory green light, OKX can now offer a suite of institutional-grade derivatives products and services to clients across the European Economic Area (EEA). This includes all 30 member states of the European Union, significantly broadening the company’s market reach.
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OKX Europe CEO Erald Ghoos emphasized the significance of the MiFID II license, stating, “Securing a MiFID II license marks a significant milestone in our mission to integrate digital assets with traditional financial markets.”
“With this license, we are set to deliver institutional-grade services, partner with tier 1 financial institutions, and offer regulated investment solutions that enhance market access and empower investors across the continent.”
This development follows another major regulatory achievement for OKX in January 2025, when it became the first global cryptocurrency exchange to secure full approval under the EU’s Markets in Crypto Assets (MiCA) framework. MiCA compliance enabled OKX to introduce a range of localized financial products and services, seamlessly passporting them across the EU.
OKX’s European expansion is set to bring a broader range of services to institutional investors, including regulated derivatives trading. The exchange already offers a variety of products, including spot trading, over-the-counter (OTC) trading, and copy trading.
Additionally, OKX supports over 240 cryptocurrencies and more than 60 euro-based trading pairs, providing a robust ecosystem for investors.
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