Floki Makes History with First MiCAR-Compliant White Paper Approved by ESMA

Floki officially made history by becoming the first crypto token to have a MiCAR-compliant white paper registered with the European Securities and Markets Authority (ESMA). This move grants $FLOKI legal admission to trading across all regulated platforms in the European Union.

The white paper was submitted through ICX, a well-established regulated exchange in Europe, via its National Competent Authority. The approval ensures that $FLOKI meets the full compliance standards of the Markets in Crypto-Assets Regulation (MiCAR)—the EU’s sweeping framework to bring crypto under structured financial oversight.

This development is reportedly a first for the entire crypto industry. 

Setting a New Standard for Regulatory Compliance

At a time when regulatory uncertainty is one of the biggest hurdles facing the crypto industry, Floki’s MiCAR approval is a significant leap forward. While most tokens are still navigating gray zones, Floki has stepped into the light, establishing itself as a serious project with real-world utility and long-term vision.

Floki’s team has emphasized that this compliance milestone reflects its evolution from being just a memecoin to becoming a fully-fledged ecosystem project. The recent development opens the door to listing on fully regulated exchanges throughout the EU, expanding access to European retail and institutional investors. 

Launch of Valhalla Signals Strategic Shift

The timing of this regulatory victory aligns perfectly with Floki’s major product milestone—the mainnet launch of Valhalla, its blockchain-based MMORPG, which went live on June 30, 2025.

Valhalla represents a complete transformation of the Floki brand. Built over three years, the game brings Norse mythology into the world of blockchain gaming, offering turn-based tactical combat, resource collection, and community-driven progression—all centered around NFT creatures called Veras.

Unlike traditional games or other NFT titles, Valhalla is browser-based, which lowers the barrier to entry. It requires no downloads, making it ideal for mobile-first markets, where crypto adoption is growing and hardware limitations are common.

The game is also fully integrated with the FLOKI token, allowing players to earn and trade assets in a live economy. This adds financial utility to the game’s immersive world, turning gameplay into a crypto-native economic loop.

Veras and Ownership-Driven Gameplay

Within days of its launch, Valhalla saw over 100,000 Veras minted. These NFT-based creatures are not just cosmetic—they play a central role in both combat and in-game economics. Each Vera can be trained, traded, or battled, giving players actual ownership of their in-game experience.

The key to Valhalla is its commitment to playability first and DeFi second. The development team focused on creating a game that gamers actually want to play, instead of one designed solely to extract value.