Today we announced the closing of the Coin Meester B.V. (BCM) acquisition, a key element in our European growth strategy.
With the acquisition of BCM*, one of the Netherlands’ oldest and most respected registered crypto brokers, we have significantly expanded our Dutch footprint and enhanced our business with a registered Virtual Asset Service Provider (VASP) in France and Poland.1
Over the past two years, we have accelerated our expansion in Europe ahead of the implementation of the Markets in Crypto-Assets Regulation (MiCA). We are now able to offer VASP services directly or through a partnership in Germany, Spain, Italy, the Netherlands, Belgium,2 Ireland, France and Poland.
The European market is highly fragmented and rising costs combined with growing competition are expected to drive consolidation in the years ahead. We plan to grow our mark ..
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