Osborne Clarke advises Tradevest on MiCAR licensing and notification for crypto services

Osborne Clarke has advised Tradevest Digital Assets GmbH on applying for authorisation under the Markets in Crypto Assets Regulation (MiCAR) for crypto custody services and the transfer business, and Tradevest Markets AG in relation to a MiCAR notification procedure for crypto asset trading.

The Tradevest Group specialises in banking‑as‑a‑service solutions for institutional investors and is developing a regulated infrastructure for the trading, custody and settlement of digital assets. With MiCAR authorisation for crypto custody services and the transfer business, as well as notification for crypto‑asset trading, Tradevest is laying the foundations for offering crypto services on a cross‑border basis in the EU and for scaling its platform model within the European single market.

MiCAR is intended to create a uniform legal framework for crypto‑asset services in the European Economic Area and thereby replace fragmented national regulations.

For providers such as the Tradevest Group, this means that complex regulatory requirements no longer need to be met in isolation at national level, but instead within a harmonised licensing and passporting regime. The successful completion of the authorisation and notification procedures therefore marks an important step for Tradevest in providing institutional market participants with a legally robust and future‑proof infrastructure for digital assets.

“MiCAR is a central building block for a uniform European regulatory framework in the field of digital assets. Those who position themselves strategically now will create the conditions to roll out crypto‑asset business models efficiently across borders,” says Dr Robert Oppenheim, Partner at Osborne Clarke. “The Tradevest Group’s projects show how innovative platform approaches can be combined with a robust regulatory set‑up – and how MiCAR can be used in practice as a lever for scaling and professionalisation.”

The Osborne Clarke team led by Dr Robert Oppenheim included Lilly Pfaf (Senior Associate) and Lara Stahlmann, LL.M. (Stellenbosch) (Associate) (all Financial Regulatory).