Virtu Financial Inc. (NYSE: VIRT) announced that its subsidiary Virtu Financial Ireland Limited has received a license under the European Union's Markets in Crypto-Assets (MiCA) Regulation. The license allows Virtu to provide regulated digital asset services across all 27 EU member states.

The MiCA framework establishes regulatory requirements for crypto-asset service providers across the European Union. Under the license, Virtu is authorized to offer crypto-asset services including trading and liquidity provision within the EU regulatory framework.

"Obtaining our CASP license is a testament to Virtu's long-standing commitment to operating within robust regulatory frameworks and providing our clients with transparency and liquidity," said Scotte Moegling, Head of Business Development for Digital Assets at Virtu Financial.

Virtu Financial provides multi-asset liquidity and trading solutions to global financial markets. The company operates market making and execution services across multiple asset classes including equities, foreign exchange, futures, fixed income and cryptocurrency across hundreds of venues in more than 50 countries.

The license adds to Virtu's existing digital asset capabilities and traditional financial market offerings. The company's services include execution, liquidity sourcing, analytics and multi-dealer trading platforms.