According to the latest reports, Cecabank has officially launched its cryptocurrency custody service for financial institutions, with Renta 4 Banco serving as the first client. The Spanish banking group has moved its crypto-asset service project into production after securing authorization to provide crypto-asset custody, transfers, and reception and transmission of orders (RTO). The rollout comes a year after the bank and crypto exchange Bit2Me revealed plans for a MiCA-ready platform that was awaiting regulatory approval. As reported by multiple sources, Cecabank obtained MiCA authorization from Spain's securities regulator, the CNMV, in July 2025, becoming the first B2B custodian with this authorization under the EU's MiCA regulatory framework. The platform operates under the European Union's new Markets in Crypto-Assets (MiCA) regulation, with Cecabank providing end-to-end services including custody, order transmission and transfers.
Under the arrangement, Cecabank provides the technological infrastructure and institutional custody of crypto-assets, while Bit2Me handles trade execution, liquidity, market access, and the exchange layer. The platform combines Cecabank's securities services and compliance capabilities with Bit2Me's digital asset technology, built through a strategic partnership established in May 2024. The solution developed jointly with Bit2Me combines Cecabank's expertise in securities services and regulatory compliance with Bit2Me's technological capacity, which provides the execution platform, liquidity, and market access, enabling financial institutions to access crypto-asset services quickly, securely, and efficiently. Renta 4 Banco is using the infrastructure as it develops its own crypto trading offering for clients, allowing institutions to access cryptocurrency services through an operational framework already aligned with regulatory requirements.
According to the latest reports, Cecabank has started the European passporting process to extend its crypto services into Ireland, Portugal, and Luxembourg. Initially, the bank plans to offer major cryptocurrencies and stablecoins designed to comply with European regulatory standards. The bank is also registered with the Bank of Spain as a crypto-asset service provider, with plans to offer Bitcoin and Ethereum trading and custody to customers through infrastructure managed directly by the bank rather than through external providers. The platform integrates cryptocurrency trading operations, real-time access to market data, and advanced execution capabilities, together with a secure custody infrastructure, developed under an approach fully aligned with regulatory requirements and incorporating high standards of cybersecurity and compliance.
As reported by multiple sources, this initiative strengthens Cecabank's positioning as a reference provider for the financial sector in the field of digital assets, acting as a bridge between traditional banking and the crypto ecosystem. Aurora Cuadros, Corporate Director of Securities Services at Cecabank, stated that as a benchmark provider of custody services in the traditional space, at Cecabank they are taking a natural step by transferring their experience and their standards to the world of digital assets. She emphasized that the model allows institutions such as Renta 4 Banco to introduce cryptocurrency trading services to clients through a regulated end-to-end framework, making it easier for institutions to incorporate these services without assuming operational and technological complexity within a fully regulated environment that reinforces security and trust to advance in the crypto-asset field.
