DriveWealth, a global Brokerage-as-a-Service platform powering the infrastructure for modern investing and trading, today announced that its European affiliate, UAB DriveWealth Europe, has been authorized by the Bank of Lithuania (Lietuvos bankas) as a crypto-asset service provider under the European Union’s Markets in Crypto-Assets Regulation (MiCA).

Services will become available within the new year.

The authorization builds on UAB DriveWealth Europe’s existing MiFID II license, also issued by the Bank of Lithuania, giving DriveWealth a single EU entity regulated for both securities and crypto-assets. It extends DriveWealth’s long-standing mission of opening access to U.S. markets into a single regulated platform for multiple asset classes, and establishes DriveWealth as a regulated crypto-asset provider in its own right.

For banks, fintechs, digital wallets and brokers, the authorization means one integration and one regulatory partner across U.S. equities, ETFs, mutual funds, fixed income, options and, soon, crypto-assets. DriveWealth takes on the licensing, custody and compliance work that would otherwise take partners years to build, so they can bring new investing products to market in weeks. For their customers, it creates a path to one unified investment experience, with stocks, tokenized assets and crypto-assets in one place.

“Finance is moving toward a world where stocks, stablecoins and tokenized assets sit side by side, and that future has to be built on a regulated foundation,” said Naureen Hassan, CEO of DriveWealth. “MiCA authorization is another step in that direction. We’re doing the regulatory work first, so when we bring crypto-asset services online, our partners will be able to offer them through the same trusted infrastructure they already use across U.S. asset classes.”

DriveWealth is now building out the infrastructure to support crypto-asset services and will make them available to partners in phases.