Young Platform

Young Platform started as a project of six students of computer science in Turin and runs an academy of free guides on crypto assets and blockchains next to its trading app. In 2022 Azimut led a funding round of 16 million euros with Banca Sella and United Ventures, as EconomyUp reported (in Italian).

Young Platform also issues its own utility token YNG, which customers earn in the Step app and as cashback on the card. Holders who keep YNG in one of five Club levels get lower fees, higher staking rewards and more cashback.

CONSOB, the Italian securities regulator, authorized Young Platform S.p.A. on 30 June 2026 as a crypto-asset service provider under MiCA, together with the Bank of Italy. According to AziendaBanca, the license covers eight of the ten MiCA services, one of the widest scopes requested in the Italian market.

The services are custody, exchange against euros and against other crypto assets, execution of orders, placing of new crypto assets, advice, portfolio management and transfers. The interim MiCA register of ESMA lists France as the one host country so far, which the firm can extend under its CASP license.

Young Platform acts as an agent of the payment institution TPPay for the CASH account, which receives salaries, pays pagoPA notices and runs the Carta Young card for daily spending. Companies get an account manager, automatic conversion of incoming payments into euros and over-the-counter trading for large amounts.

A DeFi section in the app gives access to yields from third-party protocols in self-custody, and Young Platform states that these services fall outside MiCA and its protections.

Young Platform Pro is the advanced trading platform with charting tools and conditional orders, built for customers who trade often and want low costs. Holders of YNG in the higher Club levels pay up to 90 percent less in trading fees, and the full price list is published on the website.

Step is a separate app in which users walk, complete challenges and answer quizzes about crypto assets to earn YNG tokens. The tokens land in the account of the user and count toward the Club levels in the main app of Young Platform.

Customers buy bitcoin and other crypto assets in the main app with euros from their account, by single order or by recurring purchases. Assets stay in regulated custody with Young Platform, and customers can stake some of them to earn daily rewards.

The academy of Young Platform publishes free guides on crypto assets and blockchains in Italian, from the first purchase to how networks work. The guides are open to everyone and do not require an account with the trading app.

The MiCA license of Young Platform came on the last day of the Italian MiCA transitional period, which ended on 30 June 2026. Before MiCA the firm was listed in the register of virtual currency operators of the OAM.