Floki, a cryptocurrency token, has made history by becoming the first token to have a MiCAR-compliant White Paper officially registered with the European Securities and Markets Authority (ESMA) under the European Union’s Markets in Crypto‑Assets Regulation.
On Monday, July 21, 2025, Floki’s White Paper was successfully registered with ESMA through LCX, a regulated European exchange, and its National Competent Authority. This registration grants Floki the opportunity to be traded on regulated platforms throughout the European Union, making it the first token to achieve this milestone.
The submission of the White Paper by LCX and its recording by ESMA confirms that the necessary documentation has been reviewed and approved by relevant authorities, allowing the token to legally be listed and exchanged under the MiCAR framework.
In order to be admitted to trading under MiCAR, a White Paper must be submitted to a national authority, which then notifies ESMA. Only crypto‑assets that successfully complete this procedure are eligible to be offered or traded on regulated platforms within the EU.
ESMA has published a notice confirming Floki’s listing on its interim MiCA register. It should be noted that the White Paper itself has not been approved by any individual authority in the EU and the issuer remains fully responsible for its content.
LCX, a regulated European exchange, was responsible for handling the submission of Floki’s White Paper to ESMA. The company is recognized for its services in trading, tokenization, and digital asset operations.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.