EN#0410 – Cyprus Crypto-Asset Service Provider, operational, regulated by CySEC, for sale

An opportunity is available to acquire a Cyprus Crypto-Asset Service Provider (CASP), authorized under the Markets in Crypto-Assets Regulation (MiCA) framework and supervised by the Cyprus Securities and Exchange Commission (CySEC). The entity may appeal to a purchaser seeking an established regulatory structure with banking infrastructure and operational technology already in place. 

Key Highlights: 

• Regulatory Status: Regulated by CySEC as a CASP. 

• Operational Status: Operational entity with established crypto-asset services infrastructure and existing management arrangements. 

• Trading and Liquidity Infrastructure: Established relationships with B2C2, Zodia Markets and Hercle, supporting crypto-asset trading and liquidity requirements. 

• Technology and Compliance Infrastructure: Integrated solutions including Fireblocks, Crystal Intelligence, Shufti Pro and TRISA. The entity has also developed an in-house alternative to Talos. 

• Banking and Payment Arrangements: Existing banking relationship with Bank Frick in Liechtenstein and payment service provider arrangements with Ecommpay. 

• Financial Position: Reported cash balance of approx. EUR 275k as at the latest reported quarter-end. 

• Regulatory Capital: Capital requirement of EUR 125k for CASP, plus EUR 125k for PI for EMTs. 

• Operating Expenses: Approx. EUR 60k per month, with potential to reduce expenses to approx. EUR 40k, subject to operational restructuring. 

The opportunity provides access to an established CySEC-regulated structure supported by existing client money banking arrangements, operational systems, and compliance technology. Its regulatory capital position and existing infrastructure may appeal to purchasers seeking to develop or expand their financial services activities in Cyprus, subject to regulatory approvals and the transferability of existing arrangements.

For further information on the sale of this CySEC-regulated CASP, please contact our Mergers & Acquisitions team at info@salvusfunds.com. More entities for sale can be found within our Entity Acquisition or Sale service. 

SALVUS Funds’ teams can be engaged for guidance on new licence authorisations 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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