Stablecoins & Markets
Kim Min-jun
Coverage focuses on reserves, redemption and the flow of money through digital-asset markets.
View articlesHyphe Markets GmbH
Hyphe Markets GmbH is listed in ESMA’s interim MiCA register as a crypto-asset service provider (CASP) authorized in Germany by the Federal Financial Supervisory Authority (BaFin), with an authorization date of November 24, 2025.
- Legal name
- Hyphe Markets GmbH
- Home country
- Germany
- Regulator
- Federal Financial Supervisory Authority (BaFin)
- Status
- Authorized
- Authorized on
- November 24, 2025
- Other EEA countries notified
- 10
- Website
- hyphe.com
- LEI
- 3912000K5NAA00M4HH04
- Register entry last changed
- November 25, 2025
- Checked on
Under MiCA it may provide exchange of crypto-assets for funds. It has notified the register that it intends to offer these services in 10 other EEA countries under the MiCA passport.
ESMA publishes the interim MiCA register weekly. This entry reflects the version updated on September 24, 2026; the firm’s own record was last changed on November 25, 2025.
- MiCA services
- Exchange of crypto-assets for funds
- Crypto-to-fiat exchange
- Yes
- Countries notified for cross-border services
- Austria, Belgium, Czechia, Italy, Liechtenstein, Lithuania, Luxembourg, Netherlands, Poland, Slovenia
- Sources
Page URL ESMA interim MiCA register: crypto-asset service providers (CASPS.csv) https://www.esma.europa.eu/sites/default/files/2024-12/CASPS.csv ESMA: Markets in Crypto-Assets Regulation (MiCA) https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica
