Is Hyphe Markets GmbH regulated in the EU?
Hyphe Markets GmbH. Crypto-asset service provider (CASP) with home Member State 🇩🇪 Germany.
Authorised under MiCA
Hyphe Markets GmbH is listed in the ESMA register as an authorised crypto-asset service provider. The licence was granted by Federal Financial Supervisory Authority (BaFin) on 24 November 2025 and covers 1 of 10 MiCA services in 11 EEA countries.
Hyphe Markets GmbH among the EU's authorised providers
Hyphe Markets GmbH was the 27th of 100 crypto-asset service providers currently authorised in Germany, and one of 365 across the EEA, licensed 11 months after MiCA became applicable. With 1 authorised service it is below the register average of 3.3; 262 providers hold a broader one. It has notified 11 of 30 EEA countries; 58 providers have notified all of them. BaFin supervises 100 authorised providers in total.
What the authorisation covers
Hyphe Markets GmbH is authorised for 1 of the ten crypto-asset services defined in Article 3(1)(16) of MiCA. It is not authorised for custody and administration, operating a trading platform, exchange for other crypto-assets, execution of orders, placing of crypto-assets, reception and transmission of orders, advice on crypto-assets, portfolio management, transfer services — if it offers those, that activity is outside this licence.
- c Exchange for funds 11 countries Buying crypto-assets from clients, or selling to them, against money (euro or another currency) using the provider's own capital.
Not authorised: a. Custody and administration · b. Operating a trading platform · d. Exchange for other crypto-assets · e. Execution of orders · f. Placing of crypto-assets · g. Reception and transmission of orders · h. Advice on crypto-assets · i. Portfolio management · j. Transfer services.
Where it may operate
Through the MiCA passport, Hyphe Markets GmbH has notified 11 countries: Austria, Belgium, Czechia, Germany, Italy, Liechtenstein, Lithuania, Luxembourg, Netherlands, Poland, Slovenia. It has not notified the other 19 EEA states, so a client there is outside the scope of the notification.
- 🇦🇹 AT
- 🇧🇪 BE
- 🇧🇬 BG
- 🇭🇷 HR
- 🇨🇾 CY
- 🇨🇿 CZ
- 🇩🇰 DK
- 🇪🇪 EE
- 🇫🇮 FI
- 🇫🇷 FR
- 🇩🇪 DE
- 🇬🇷 GR
- 🇭🇺 HU
- 🇮🇸 IS
- 🇮🇪 IE
- 🇮🇹 IT
- 🇱🇻 LV
- 🇱🇮 LI
- 🇱🇹 LT
- 🇱🇺 LU
- 🇲🇹 MT
- 🇳🇱 NL
- 🇳🇴 NO
- 🇵🇱 PL
- 🇵🇹 PT
- 🇷🇴 RO
- 🇸🇰 SK
- 🇸🇮 SI
- 🇪🇸 ES
- 🇸🇪 SE
Highlighted: countries notified for at least one service. Outlined: home Member State. Passporting is per service; see the list on the left for each service's count.
Identification
- Legal name
- Hyphe Markets GmbH
- LEI
- 3912000K5NAA00M4HH04 · GLEIF record
- Competent authority
- Federal Financial Supervisory Authority (BaFin) (Germany)
- Registered address
- Hyphe Markets GmbH, D-80538 München
- Declared website
- hyphe.com
- Authorised on
- 24 November 2025
- Register entry updated
- 25 November 2025
Questions people ask
Is Hyphe Markets GmbH regulated in the EU?
Yes. Hyphe Markets GmbH (Hyphe Markets GmbH) holds a MiCA authorisation as a crypto-asset service provider, granted by Federal Financial Supervisory Authority (BaFin) on 24 November 2025. It appears in the ESMA register of authorised CASPs.
Which crypto services is Hyphe Markets GmbH authorised for?
1 of the ten MiCA services: exchange for funds.
In which countries can Hyphe Markets GmbH offer crypto services?
11 EEA countries: Austria, Belgium, Czechia, Germany, Italy, Liechtenstein, Lithuania, Luxembourg, Netherlands, Poland, Slovenia.
Who supervises Hyphe Markets GmbH?
Federal Financial Supervisory Authority (BaFin), the competent authority in Germany, which is the provider's home Member State under MiCA.
Other providers authorised in Germany
- Commerzbank AktiengesellschaftAuthorised
- VR-Bank Rottal-Inn eGAuthorised
- VR Bank Schleswig-Holstein Mitte eGAuthorised
- Volksbank Baumberge eGAuthorised
- VR-Bank Erding eGAuthorised
- Westerwald Bank eG Volks- und RaiffeisenbankAuthorised
Source: ESMA interim MiCA register (CASPS.csv), as reported by Federal Financial Supervisory Authority (BaFin). This page reflects the register as of our last sync; it is not a statement by the regulator. Methodology.