EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED

Is Northstake ApS licensed under MiCA in the European Union?

Northstake ApS's European entity (Northstake ApS) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Denmark on 7 April 2026.

Verdict: Northstake ApS appears in the ESMA Register of MiCA-Authorised CASPs.

Legal entityNorthstake ApS
Home Member StateDenmark
National Competent Authority
Authorisation date
Legal Entity Identifier (LEI)98450010C0CB6A4E8A79
Authorised servicesCustody, Order execution, Transfer services

Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.

About Northstake ApS

Northstake ApS is a Danish digital-asset firm focused on institutional clients rather than retail consumers. On its own website it describes itself as 'transforming institutional staking' and offering 'compliant digital asset products', with a product line built around staking infrastructure - including a Staking Vault Manager and an ETH validator marketplace - aimed at regulated financial institutions, digital-asset managers and custodians. It is not a consumer crypto exchange, and the research shows no spot trading desk, savings account, card or EUR/SEPA payment service marketed to the public. Source: Northstake

According to third-party research, the company was founded in 2021 and is headquartered in Copenhagen, Denmark, with Jesper Johansen as CEO; its team is described as including former Deloitte and Accenture technologists. Its service model centres on Ethereum and other proof-of-stake staking together with custody, and it works with external node operators such as P2P.org within its Staking Vault Manager. These operational details come from secondary profiles rather than a regulator, so they are best read as background context. Sources: The Hub startup profile, PR Newswire

On the regulatory point, the contracting legal entity is Northstake ApS, established in Denmark, and its national competent authority is the Danish Financial Supervisory Authority (Finanstilsynet). Northstake states on its site that it has been 'Granted CASP Authorisation Under the EU's MiCA Regulation'. Under that authorisation the entity is listed in the ESMA data for three crypto-asset services: custody and administration of crypto-assets on behalf of clients, execution of orders for crypto-assets, and transfer services for crypto-assets. Other regulated MiCA services - such as operating a trading platform, exchanging crypto-assets for funds, placing crypto-assets, providing portfolio management or offering advice - are not within this scope based on the listed services, and a MiCA CASP licence does not cover banking or e-money activity. Prospective clients should confirm the current scope directly against the regulator's public register. Sources: Northstake announcement, Northstake about page

Which crypto services is Northstake ApS authorised to offer in the EU?

Under its MiCA authorisation issued by Denmark, Northstake ApS (Northstake ApS) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.

  • Providing custody and administration of crypto-assets on behalf of clients

    The exchange holds your crypto in its own wallets. Authorisation here means MiCA's segregation and insurance rules apply: client crypto-assets must be ring-fenced from the exchange's own funds.

  • Execution of orders for crypto-assets on behalf of clients

    The exchange can place orders for you on third-party venues (smart-routing). Less common in retail crypto; relevant for brokerage-style services.

  • Providing transfer services for crypto-assets on behalf of clients

    The exchange can move crypto between addresses on your behalf, including off-platform withdrawals. The Travel Rule applies to these transfers.

Which services is Northstake ApS not authorised to offer?

Northstake ApS's MiCA licence does not cover: Trading platform, Exchange for funds, Exchange for crypto, Placing, Order R&T, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by Northstake ApS 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:

What does this mean for users of Northstake ApS in the EU?

If you transact through Northstake ApS's EEA-authorised entity (Northstake ApS), 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 Northstake ApS's terms of service that your contracting entity is Northstake ApS, not a non-EEA affiliate.

Which MiCA-authorised exchanges are alternatives to Northstake ApS?

Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.

ProviderHome Member StateAuthorisedServices
Alaric Securities Bulgaria 9 services
OKX Malta 9 services
Kraken Ireland 8 services

Related reading

Understand the regulatory context behind Northstake ApS's entry on the register:

Frequently asked questions about Northstake ApS and MiCA

Is Northstake ApS licensed under MiCA?

Yes. Northstake ApS appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Denmark.

Which EU countries can Northstake ApS 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 Northstake ApS 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 Northstake ApS'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 Northstake ApS's entry is on this page under 'Sources'.