Hyphe Markets, the German subsidiary of Dutch digital assets liquidity provider Hyphe, has received its licence to operate as an investment firm from its outpost in the southern city of Munich.
On August 29, Hyphe announced that it had obtained its securities trading licence from the German financial regulator Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), which allows the firm to operate in the country, where it plans to offer trading services to regulated financial institutions.