MiCA Crypto Alliance Releases MiCA White Paper for $LION Supporting Admission to Trading
The MiCA Crypto Alliance announces the release and submission of the $LION MiCA White Paper, prepared and submitted by the Alliance in accordance with Regulation (EU) 2023/1114.
The white paper has been drafted in view of the and following MiCA Title II requirements and supports the planned admission to trading of $LION, the native asset of the Loaded Lions.
The MiCA Crypto Alliance acts as the person seeking admission to trading (PSAT) for the purposes of this submission. Admission to trading will allow existing holders to trade $LION on a regulated EU venue, including Kraken, where it is already listed globally outside the European Union. This supports transparent price discovery, improved liquidity, and broader regulated market access for the ecosystem.
Key Highlights from the White Paper
- $LION is classified as a crypto-asset other than an asset-referenced token or e-money token (OTHR) under MiCA Title II and is not classified as a utility token.
- The token is fungible and transferable, issued natively on Cronos as a CRC-20 token and bridged to Solana and Arbitrum. Cronos remains the canonical chain.
- Total supply is fixed at 100,000,000,000 $LION. At the time of drafting, approximately 30.68 billion tokens were in circulation. No algorithmic supply adjustment or token value protection mechanisms are in place.
- $LION functions within the Loaded Lions ecosystem as a staking asset with tiered vaults, a governance participation token within a DAO framework, and a payment token integrated with Crypto.com Pay, Solana Pay, and Portal Pay.
- The white paper includes detailed disclosures on risks, including market volatility, liquidity conditions, bridge interoperability risks, long-term staking lock-ups, third-party platform dependencies, and roadmap delivery risks.
- Sustainability disclosures include energy consumption and GHG indicators calculated in accordance with Commission Delegated Regulation (EU) 2025/422 using the Alliance’s standardised methodology.
You can access the white paper here.
About Loaded Lions
Loaded Lions originated as a 10,000-piece NFT collection on the Crypto.com NFT platform and has evolved into a broader interactive universe powered by the $LION token.
The token serves as the native asset of the ecosystem, enabling staking through tiered vaults, governance participation within a DAO structure, and payment integrations across supported platforms. The project’s roadmap is structured around three pillars: the $LION Economy, Gaming, and Growth.
About the Cronos Ecosystem
$LION is issued natively on the Cronos EVM chain and deployed cross-chain to Solana and Arbitrum.
Cronos is a global, vertically integrated network powered by $CRO and a strategic partner of Crypto.com, one of the world's largest platforms for crypto and financial markets.
Cronos Labs, a member of the MiCA Crypto Alliance, serves as the network's core architect, building both the underlying high-performance infrastructure and the critical first-party applications that drive the economy.
White Paper Support
The MiCA Crypto Alliance supports issuers, offerors, CASPs, and ecosystem participants across major blockchain architectures and ecosystems in meeting MiCA requirements efficiently and transparently. Our work combines legal analysis, technical review, and standardised sustainability reporting to deliver MiCA-compliant white papers designed to support regulatory notification and admission to trading processes.
If you’d like to request compliance services, including admission to trading submission support, fill out this form.
