EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Huddlestock GmbH licensed under MiCA in the European Union?
Huddlestock GmbH's European entity (Huddlestock GmbH) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Germany on 6 November 2025.
Verdict: Huddlestock GmbH appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Huddlestock GmbH |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 549300Y6TSD1DUCXD871 |
| Authorised services | Order R&T |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Huddlestock GmbH
Huddlestock GmbH is the Munich-based German subsidiary of the Norwegian fintech group Huddlestock, which describes itself as a business-to-business 'Investment-as-a-Service' provider rather than a consumer-facing crypto exchange. Huddlestock states that it supplies a regulatory liability umbrella, securities-settlement infrastructure and white-label trading front-ends so that neobanks, fintechs and fund companies can launch their own investment platforms. The group says it was founded in 2014 and was the first Norwegian fintech to be publicly traded. Source: huddlestock.com
The entity is not a retail bank, custodian-for-consumers, or a Bitcoin spot exchange aimed at the public. Its offering is an API-first, multi-client platform under which partners can operate as tied agents on Huddlestock's licence, with the company stating it assumes regulatory responsibility under the German WpIG, WpHG, GwG and MiFID II frameworks. There is no consumer savings, staking, or crypto-card product described in the available materials, and no standalone EUR/SEPA consumer feature is advertised. Source: Investment-as-a-Service
On the legal point, the contracting entity for German activity is Huddlestock GmbH, and its national regulator is Germany's Federal Financial Supervisory Authority (BaFin). Under the EU register entry it is recorded for one crypto-asset service: reception and transmission of orders for crypto-assets on behalf of clients (Order R&T). That authorisation does not cover custody, operation of a trading platform, exchange of crypto-assets for funds or other crypto-assets, placing, portfolio management, advice, or transfer services - none of which are listed for this entity. Sources: Huddlestock imprint, huddlestock.com
Which crypto services is Huddlestock GmbH authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), Huddlestock GmbH (Huddlestock GmbH) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.
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Reception and transmission of orders for crypto-assets on behalf of clients
The exchange can receive your order and pass it to another venue for execution. Brokerage-pattern service, often paired with order execution.
Which services is Huddlestock GmbH not authorised to offer?
Huddlestock GmbH's MiCA licence does not cover: Custody, Trading platform, Exchange for funds, Exchange for crypto, Order execution, Placing, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by Huddlestock GmbH under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 30 June 2026.
See other MiCA-authorised exchanges by service:
Why is Huddlestock GmbH licensed in Germany?
Germany's BaFin runs a strict, banking-style authorisation model. Trade Republic, which already held a German banking licence, was authorised in April 2025. BaFin previously refused Binance's German licence application in 2023, leading Binance to withdraw from the German market. Source: Federal Financial Supervisory Authority (BaFin).
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
|---|---|
| Investor compensation | EdW (compensation scheme for securities firms) plus bank-deposit cover where applicable. |
| Regulatory context | BaFin's banking-style scrutiny is the highest barrier among MiCA NCAs. |
What does this mean for users of Huddlestock GmbH in the EU?
If you transact through Huddlestock GmbH's EEA-authorised entity (Huddlestock GmbH), the protections introduced by MiCA apply to your relationship from onwards. In practical terms this means: client crypto-assets are ring-fenced from the exchange's own funds (Article 70 MiCA), the authorised entity holds prudential capital, has formal complaint-handling procedures, and is subject to transparency obligations on fees and order execution. Source: Regulation (EU) 2023/1114.
One thing to verify yourself: the legal entity you contract with day-to-day must match the entity in the ESMA register. Some global exchanges operate multiple legal entities under one brand. Confirm in Huddlestock GmbH's terms of service that your contracting entity is Huddlestock GmbH, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Huddlestock GmbH?
Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.
| Provider | Home Member State | Authorised | Services |
|---|---|---|---|
| Alaric Securities | Bulgaria | 9 services | |
| OKX | Malta | 9 services | |
| Kraken | Ireland | 8 services |
Related reading
Understand the regulatory context behind Huddlestock GmbH's entry on the register:
Frequently asked questions about Huddlestock GmbH and MiCA
Is Huddlestock GmbH licensed under MiCA?
Yes. Huddlestock GmbH appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Germany.
Which EU countries can Huddlestock GmbH serve under this licence?
A MiCA authorisation in one EEA member state permits passporting across all EEA member states, subject to a notification process to each host-state regulator.
Are my crypto-assets on Huddlestock GmbH protected under MiCA?
MiCA introduces ring-fencing of client crypto-assets, prudential capital requirements for the authorised entity, complaint-handling obligations, and conduct rules. It does not provide a deposit-guarantee scheme equivalent to bank deposit insurance.
What's the difference between the authorised entity and the global brand?
Some global exchanges operate multiple legal entities. The MiCA authorisation applies only to the specific legal entity in the ESMA register, not to the global brand. Verify the contracting entity in Huddlestock GmbH's terms of service.
Where can I check the official record?
The ESMA register publishes the authoritative list and updates it weekly. The direct link to Huddlestock GmbH's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Federal Financial Supervisory Authority (BaFin)
- ESMA MiCA Register - Huddlestock GmbH (Huddlestock GmbH)
- Huddlestock GmbH official website
- Huddlestock homepage and Investment-as-a-Service description
- Huddlestock Investment-as-a-Service solution page
- Huddlestock imprint with German entity details
This page is updated weekly. Last verified . If you believe any information on this page is inaccurate, write to our contact page.