Plasma Acquires VASP‑licensed Entity in Italy to Expand EU Stablecoin Payments

Deal Summary

Plasma acquired a Virtual Asset Service Provider (VASP)‑licensed entity in Italy as part of a broader push into regulated EU payments, and is opening an Amsterdam office while pursuing MiCA and EMI licenses. The move enables Plasma to legally handle crypto transactions and custody assets in the region to support its stablecoin payments network and neobank plans.