OKX Europe Acquires Malta Firm to Offer Regulated Derivatives Products

OKX Europe has acquired a Malta-licensed firm with a MiFID II license, enabling it to offer regulated derivatives products across Europe. The exchange aims to operationalize this entity later this year, pending approval from the Malta Financial Services Authority (MFSA). Key points include:

• Acquisition brings OKX closer to providing regulated services in the European Economic Area.
• MiFID II license allows service offerings to institutional clients across 27 EU member states and additional countries.
• This move further solidifies OKX's position as the third-largest exchange by market cap in the EU.
• The firm received a Markets in Crypto Assets license from Malta in January.