Bitstamp has secured a MiFID Multilateral Trading Facility license, enabling the exchange to offer EU-regulated crypto derivatives for institutional and retail investors.

Cryptocurrency exchange Bitstamp has reached a milestone by securing a MiFID Multilateral Trading Facility license from Slovenia’s Securities Market Agency, allowing the exchange to offer crypto derivatives, including perpetual swaps.

The MiFID regulation, which governs traditional financial markets across the E.U., encompasses stocks, securities, and derivatives, applying to various trading platforms, investment managers, and banks. In a blog announcement on Oct. 24, Bitstamp said it is among the first crypto exchanges to obtain a MiFID MTF license, a milestone that enables the platform to provide “more sophisticated products to its institutional and retail customers.”

“The license demonstrates the strength of Bitstamp’s security and safety mechanisms, corporate governance, internal regulatory and anti-money laundering controls, and client protection.”

Bitstamp

Jean-Baptiste Graftieaux, Global chief executive of Bitstamp, praised the licensing, stating it not only demonstrates a “testament to our safety, security, trustworthiness, and compliance — but it is also emblematic of the industry’s increasing maturity as a whole.” He added that the license enables Bitstamp to support a broader range of trading and investment strategies, particularly benefiting institutional investors.

In early March, the Monetary Authority of Singapore granted a provisional crypto license to Bitstamp as the platform expands its global footprint and presence in Asia. The exchange received the highly coveted Major Payment Institutional approval, allowing the firm to offer Digital Payment Token services in the Republic of Singapore.