EN#0382 – Florida Money Transmitter, dormant, licensed by Florida OFR, for sale

An opportunity to acquire a Florida-licensed Money Transmitter established to support a crypto exchange and OTC business focused on fiat-to-crypto and crypto-to-fiat transactions. The entity has not commenced operations or onboarded clients and offers a clean, ready-to-operate structure with an existing operational bank account, compliance documentation, and an approved Money Transmitter license.

Key Highlights:

• License and Regulatory Status: The entity holds a license classified as FT2 – Money Transmitter Part II, with Approved status and validity until 30 April 2027. The license has no known issues with the regulator.
• Business Model: The company was established to operate a crypto exchange and OTC business supporting fiat-to-crypto and crypto-to-fiat transactions.
• Operational Status: The entity has not commenced operations and has no existing clients or trading history, providing the purchaser with a clean structure without an inherited client book or legacy transaction activity.
• Surety Bond: The entity is supported by a USD 150,000 surety bond in connection with its Florida money services business obligations. The bond became effective in August 2025 and secures obligations relating to the receipt, handling, transmission, and payment of funds. Any collateral associated with the bond remains subject to the applicable surety documentation and regulatory requirements.
• Banking Infrastructure: The entity maintains an operational corporate bank account with Chase Bank. No client funds bank account is currently in place.
• Compliance Framework: Compliance, AML/KYC, and risk management documentation was established in 2025, providing an existing compliance foundation for the purchaser to adapt to its intended operating model.
• Financial Position: The entity has no known debt or other financial liabilities.
• Operating Expenses: Current monthly operating expenses are approx. USD 5k.

This Florida Money Transmitter represents an acquisition opportunity for firms seeking a clean and ready-to-operate structure for crypto exchange and OTC activities involving fiat-to-crypto and crypto-to-fiat transactions. Its approved Money Transmitter license, existing Chase Bank operational account, surety bond, compliance documentation, and absence of legacy clients or trading activity provide a practical foundation for a purchaser to implement its commercial and operational strategy.

For further information on the sale of this Florida Money Transmitter, please contact our Mergers & Acquisitions team at at info@salvusfunds.com. More entities for sale can be found within our Entity Acquisition or Sale page.

SALVUS Funds’ teams can be engaged for guidance on new license authorizations for investment, payment or crypto-asset services, ongoing regulatory compliance consultancy for regulated entities, and support in acquiring ready-made regulated or registered entities. 

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