Young Platform has announced plans for Europe’s first crypto-native neobank, built to align with the EU’s upcoming Markets in Crypto-Assets (MiCA) regulation, according to Decrypt. Founded in 2018 in Turin, the company is moving beyond its role as a regulated crypto exchange to expand into broader financial services designed around digital assets.
The launch comes as digital banking grows rapidly worldwide, with the neobanking market valued at $143.29 billion in 2024 and forecast to reach $3.4 trillion by 2032. Europe leads the sector with a 37.75% share.
“We believe the future of finance will not come from traditional banks adding crypto as a side product, but from ecosystems like ours that build banking services on crypto foundations,” said Alexandru Stefan Gheban, co-founder of Young Platform.
He added: „Most try to integrate crypto into banking. We’re starting from crypto to build the full financial stack on top. MiCA is the new standard. And by the end of the year, Young Platform will launch Europe’s first crypto-native neobank built to comply.„
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Many more interesting quotes in the video below:
