After obtaining a license under the Markets in Financial Instruments Directive II (MiFID II), OKX has revealed ambitions to improve its institutional services throughout Europe. OKX was granted permission to join the European institutional market after acquiring a license-holding company situated in Malta.
The exchange said that, subject to Malta Financial Services Authority (MFSA) approval, operations under the recently acquired firm will start later this year. At a private gathering in Malta, OKX announced this milestone; however, the identity of the purchased company has not been revealed.
The MiFID II license will enable OKX to introduce a range of regulated derivative products tailored for institutional investors. These offerings will be available across the European Economic Area (EEA), covering all 30 EU member states.
“Securing a MiFID II license marks a significant milestone in our mission to integrate digital assets with traditional financial markets,” said Erald Ghoos, CEO of OKX Europe. “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 a major regulatory achievement for OKX in January 2025, when it became the first global crypto exchange to obtain the EU’s full Markets in Crypto Assets (MiCA) license. That approval allowed the platform to offer localized services and expand its reach across the EU.
OKX already provides spot trading, over-the-counter (OTC) trading, and copy trading services. The exchange supports over 240 cryptocurrencies and more than 60 euro-based trading pairs. With the addition of MiFID II-regulated derivatives, OKX is set to strengthen its position in the European market, offering institutional clients a wider range of financial products.