Forex.com Owner StoneX Adds Crypto Offering Under MiCA Licence

Tuesday, 06/01/2026 | 10:11 GMT by Tareq Sikder
  • StoneX Digital, authorised by Ireland’s central bank, focuses on crypto for institutional and corporate clients.
  • Earlier, the firm opened offices in India, joined IIBX, and made a $480 million offer for CAB Payments.
StoneX

StoneX Digital has received a Crypto-Asset Service Provider licence under the European Union’s Markets in Crypto-Assets Regulation. It was granted by the Central Bank of Ireland.

StoneX Group also operates the retail trading brand Forex.com, which became part of the group after StoneX acquired GAIN Capital in 2020. Forex.com provides foreign exchange and CFD trading services to retail clients through locally regulated entities in several jurisdictions.

StoneX Allowed Institutional Crypto Execution in the EU

Brian Mulcahy, Chief Executive Officer of StoneX Digital
Brian Mulcahy, CEO of StoneX Digital, Source: LinkedIn

StoneX Digital launched in June 2022. The authorisation allows the firm to provide digital asset execution and custody services across the European Union under the MiCA regulatory framework.

Brian Mulcahy, Chief Executive Officer of StoneX Digital, said the firm aims “to enable our institutional and corporate investor base to integrate new products and new technologies into their existing investment lifecycle.” He said the company focuses on “reducing the friction” between traditional finance and digital assets.

StoneX Digital has operated as a Virtual Asset Service Provider for more than a year. With the new licence, it can expand its regulated activities within the EU. The business serves institutional and corporate clients.

StoneX Digital Expands EU Crypto Operations

Stuart Davison, Chief Operating Officer of StoneX Group Inc., said the authorisation supports the group’s long-term strategy. He said it helps clients integrate “new products and technologies into their existing operating and investment frameworks.” He also referred to building “regulated, scalable infrastructure.”

StoneX Expands Retail Trading, India Operations

Earlier, StoneX Group reported growth in its FX and CFD trading business, showing strength in its broader operations alongside the expansion of StoneX Digital into crypto. Q4 revenues rose 7% to $84.7 million, and FY24 revenues increased 21% to $316 million. Retail trading volumes remained steady, and revenue per million traded rose 8%.

Overall net income for the quarter was $76.7 million, up 51% year-on-year. In October, StoneX expanded in India with new offices and IIBX membership, and made a $480 million takeover offer for UK-listed CAB Payments.

StoneX Digital has received a Crypto-Asset Service Provider licence under the European Union’s Markets in Crypto-Assets Regulation. It was granted by the Central Bank of Ireland.

StoneX Group also operates the retail trading brand Forex.com, which became part of the group after StoneX acquired GAIN Capital in 2020. Forex.com provides foreign exchange and CFD trading services to retail clients through locally regulated entities in several jurisdictions.

StoneX Allowed Institutional Crypto Execution in the EU

Brian Mulcahy, Chief Executive Officer of StoneX Digital
Brian Mulcahy, CEO of StoneX Digital, Source: LinkedIn

StoneX Digital launched in June 2022. The authorisation allows the firm to provide digital asset execution and custody services across the European Union under the MiCA regulatory framework.

Brian Mulcahy, Chief Executive Officer of StoneX Digital, said the firm aims “to enable our institutional and corporate investor base to integrate new products and new technologies into their existing investment lifecycle.” He said the company focuses on “reducing the friction” between traditional finance and digital assets.

StoneX Digital has operated as a Virtual Asset Service Provider for more than a year. With the new licence, it can expand its regulated activities within the EU. The business serves institutional and corporate clients.

StoneX Digital Expands EU Crypto Operations

Stuart Davison, Chief Operating Officer of StoneX Group Inc., said the authorisation supports the group’s long-term strategy. He said it helps clients integrate “new products and technologies into their existing operating and investment frameworks.” He also referred to building “regulated, scalable infrastructure.”

StoneX Expands Retail Trading, India Operations

Earlier, StoneX Group reported growth in its FX and CFD trading business, showing strength in its broader operations alongside the expansion of StoneX Digital into crypto. Q4 revenues rose 7% to $84.7 million, and FY24 revenues increased 21% to $316 million. Retail trading volumes remained steady, and revenue per million traded rose 8%.

Overall net income for the quarter was $76.7 million, up 51% year-on-year. In October, StoneX expanded in India with new offices and IIBX membership, and made a $480 million takeover offer for UK-listed CAB Payments.

About the Author: Tareq Sikder
Tareq Sikder
  • 2052 Articles
  • 36 Followers
About the Author: Tareq Sikder
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
  • 2052 Articles
  • 36 Followers

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