Crypto.com Acquires Allnew Investments for EU Market Expansion

Crypto.com has secured a major move in expanding its reach across Europe by acquiring the investment firm Allnew Investments. This acquisition grants Crypto.com access to a vital MiFID license, allowing them to offer derivative financial products throughout 27 European countries, along with Iceland, Liechtenstein and Norway. Financial details remain undisclosed but this strategic deal signifies Crypto.com’s ambitious plans for the region following their prior successful MIca licensing for crypto custody and trading services.