Banking Giant Bets Big on EU's First Regulated Crypto Futures Platform
The European cryptocurrency exchange One Trading (formerly known as Bitpanda Pro) has just secured strategic funding from SC Ventures, the investment arm of Standard Chartered.
The European cryptocurrency exchange One Trading (formerly known as Bitpanda Pro) has just secured strategic funding from SC Ventures, the investment arm of Standard Chartered. This coincided with the digital asset platform obtaining new crypto authorization in the Netherlands.
SC Ventures Backs One Trading Following EU Crypto Derivatives Approval
One Trading plans to use the funds to launch the EU's first crypto perpetual futures as a MiFID II trading venue. This follows the company's July 2024 acquisition of an Organised Trading Facility (OTF) License from the Dutch Financial Markets Authority, establishing it as a MiFID II-compliant platform.
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