MiCA Defined Terms
Placing of Crypto-Assets
The marketing of newly-issued crypto-assets or crypto-assets already issued, but not admitted to trading, to specified purchasers.
Definition
Placing is a Class 1 CASP service per MiCA Article 3(1)(23). The CASP places crypto-assets with one or more specified purchasers — typically institutional clients in a private placement. Distinct from public offerings, which trigger different white-paper rules.
Regulatory citation