Direct answer
For an exchange assessing both MiCA and MiFID II workstreams, the published indicative professional-fee range is EUR 70,000-80,000 in total, with active work planned over approximately 6-9 months. It is not a monthly fee, a regulator charge or a promise that every product is covered. Final scope depends on the entities, products, venue model, readiness and authority questions.
Key facts
Indicative total
The range is a total professional-fee reference, not a monthly amount.
Planning horizon
The schedule depends on product and entity readiness and regulator response.
Billing rhythm
The total is invoiced monthly during the active engagement under the provider agreement.
At a glance
| Item | Included in the public signal | Still needs confirmation |
|---|---|---|
| Professional work | Coordinated classification and dossier work | Exact deliverables and exclusions |
| Commercial timing | Monthly invoicing during active work | The provider's agreed monthly schedule |
| Regulatory outcome | Preparation and response support | Authority decision and product permissions |
A practical sequence
Fix the product perimeter
Separate spot, perpetual, tokenized and other reference-asset products.
Confirm the entity plan
Identify CASP, investment-firm, venue and technology roles.
Price the workstreams
Separate professional fees from authority, incorporation, data and third-party costs.
Agree the monthly schedule
Put deliverables, assumptions and scope-change triggers in the direct provider agreement.
The number is meant to start a serious conversation
EUR 70,000-80,000 is useful because it tells a complex exchange whether the project sits inside its planning range. It is not useful if read as a regulator invoice or a monthly bill.
The product and entity map should come before a final commercial proposal.
Why the combined route costs more than a spot-only file
A derivatives or tokenized-product workstream adds classification, venue, product governance, data, conduct and operational questions. The work is not simply MiCA plus a second cover page.
The final workload still depends on what the exchange actually intends to launch.
Monthly billing can match the work
Long regulatory projects produce work over time: workshops, drafts, revisions, submissions and responses. Monthly invoicing can align cash timing with active engagement while leaving the total range visible.
The exact schedule belongs in the provider agreement, not in a public promise.
Frequently asked questions
Is EUR 70,000-80,000 a monthly price?
No. It is an indicative total professional-fee range.
Does it include government fees?
Not unless the provider proposal expressly includes them.
Can the project finish in six months?
Six to nine months is a planning horizon, not a guarantee.
Does it cover every derivative?
No. Product scope and permissions must be confirmed.
Who confirms the final scope?
The appointed qualified provider in the direct engagement.