Spain’s Cecabank has launched a regulated cryptocurrency custody service for financial institutions under the EU’s MiCA framework. The service, developed in partnership with Bit2Me, provides custody, transfers, and order transmission. Renta 4 Banco is the platform’s first client, using the infrastructure to build its own regulated crypto trading offering. The bank has already received approval from Spain’s CNMV and has begun passporting its services to other EU nations including Ireland, Portugal, and Luxembourg.
Cecabank’s crypto custody platform has officially gone live after securing regulatory authorization. The approval covers custody, transfers, and the reception and transmission of orders for financial institutions.
This follows a partnership agreement with Bit2Me established in May 2024 to build a MiCA-compliant solution. Cecabank provides the custody infrastructure while Bit2Me handles trade execution, liquidity, and market connectivity.
Renta 4 Banco has joined as the first client to utilize the platform. The bank will use this service while developing its own regulated cryptocurrency trading facility.
Cecabank received its license from Spain’s securities market authority, CNMV, in July 2025. The institution is also licensed by the Bank of Spain as a crypto-asset service provider.
The bank has initiated passporting procedures to Ireland, Portugal, and Luxembourg. This allows it to offer services across the EU under the MiCA framework’s uniform rules.
Corporate Director Aurora Cuadros stated the move expands the bank’s custody operations into digital assets. “Cecabank’s approach to crypto custody simply means applying existing principles to the new type of asset,” she mentioned.
Gabriel Ayala, Director of Banking Solutions at Bit2Me, said the launch contributes to crypto banking infrastructure development. The rollout occurs as other Spanish banks, like BBVA, also expand digital asset services.
BBVA introduced plans to trade and store cryptocurrencies including Bitcoin and Ethereum. It operates using its own controlled banking infrastructure.
