StoneX Digital, a division of StoneX Group, has obtained its crypto-asset service provider license under the European Union Crypto-Asset Markets Regulation, enabling the company to expand regulated digital asset services across all EU member states.
The authorization, granted by the Central Bank of Ireland, allows StoneX Digital to offer execution and custody of digital assets within what it describes as one of the strictest regulatory frameworks in the world.
The company has already been operating as a virtual asset service provider for over a year.
StoneX said the license strengthens its ability to serve institutional and corporate clients seeking regulated access to digital asset markets.
Chief executive Brian Mulcahy said the aim is to help clients integrate new technologies into existing investment processes by reducing friction between traditional finance and digital finance.
Chief Operating Officer Stuart Davison said this approval aligns with StoneX’s long-term strategy of building a scalable, regulated infrastructure to support innovation without disrupting customer operations.
Launching in 2022, StoneX Digital provides institutional trading tools and market access. The company said the demand for regulated providers continues to increase as financial institutions seek established partners in the digital assets space.
