As Kraken CEX secures the EU MiFID license to deliver new EU derivates trading, will Wall Street Pepe be the next token listing? And, what’s the best crypto to buy on Kraken?
On February 3, leading crypto exchange Kraken secured a Markets in Financial Instruments Directive (MiFID) license in the European Union.
The exchange obtained the MiFID license by acquiring a Cypriot investment firm, which already held the license from the Cyprus Securities and Exchange Commission (CySEC).
BIG NEWS 📣
We’re excited to announce we've obtained a MiFID license in the EU!
Yet another key milestone in our expansion strategy, allowing us to offer fully compliant derivatives products across selected EU markets.https://t.co/CkvP23KzGc
— Kraken Exchange (@krakenfx) February 3, 2025
Kraken Able To Offer Derivatives Products To All Members Of The EU
Kraken’s purchase of the Cypriot investment company will now enable it to offer crypto derivatives products to all 27 nations that make up the European Union.
In a blog post regarding the news, the firm said, “This milestone marks a significant step in our expansion strategy, allowing us to offer fully compliant and regulated derivatives products to advanced crypto traders across selected EU markets.”
Kraken Co-GM said in the announcement, “As we continue to expand our services across the globe, our focus on the European market remains a top priority. This acquisition reflects our confidence in the EU and underscores our commitment to providing a trusted, regulated environment for advanced crypto traders and investors.”
The exchange joins other exchanges, such as Bitstamp and FTX EU, which also hold the MiFID license. FTX EU was recently purchased by the Dubai-based exchange BackPack.
Acquisition of the MiFID license is part of Kraken’s expansion plan across Europe. In 2019, the firm purchased Crypto Facilities, a U.K. FCA-regulated crypto futures platform.
Is the Hottest Presale Of 2025 Wall Street Pepe Next Kraken Listing? Best Crypto to Buy on Kraken?
With 12 days left on its countdown timer, Wall Street Pepe (WEPE) continues to see an influx of investment and has just surpassed $68.5 million in funding. Many in the WEPE community believe that $80 million is a realistic target as it nears its final ten days.
The market is slowly recovering, so investors are looking for blue-chip projects that could offer those coveted 100x returns. With Wall Street Pepe maintaining six-figure inflows daily, even while the market was nuking, it seems highly likely that the appetite for WEPE will continue to rise as it gears up for its public launch.
Combining the ever-popular Wolf of Wall Street theme with Crypto’s favorite green frog, Pepe, WEPE is a perfect blend of hilarious memes and utility. The Wall Street Pepe team wants to help small-fry investors finally get one step ahead of insiders and high-net-worth traders.
Holders of WEPE will have exclusive access to experienced traders’ strategies, insider alpha calls, and even trading competitions that offer cash prizes. Never before has there been an organically built community focused on the evening the odds in the market for the small guy.
There is a lot of buzz floating around on X and in the Wall Street Pepe Telegram regarding a tier-1 exchange listing at launch, and if the rumors come true, Kraken could be the exchange in question.
Visit Wall Street Pepe for more information
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