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 holds a MiCA license as a crypto-asset service provider authorized in Germany.
- 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
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. 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
Questions
Does Hyphe Markets GmbH have a MiCA license?
Yes. ESMA’s interim MiCA register lists Hyphe Markets GmbH as a crypto-asset service provider authorized in Germany since November 24, 2025.
Which crypto services can Hyphe Markets GmbH provide under MiCA?
Its authorization covers exchange of crypto-assets for funds.
Can Hyphe Markets GmbH serve clients in other EU countries?
It has notified the register that it intends to offer its services in 10 other EEA countries under the MiCA passport.
Who supervises Hyphe Markets GmbH under MiCA?
The Federal Financial Supervisory Authority (BaFin), its home regulator in Germany. Its LEI is 3912000K5NAA00M4HH04.
Source: the European Securities and Markets Authority’s interim MiCA register of crypto-asset service providers (CASPS.csv), which ESMA updates weekly. Each firm’s page shows the date its entry was checked.
