As a seasoned crypto investor with a keen eye for regulatory compliance, this development from One Trading has caught my attention. Having navigated through the volatile and often murky waters of the digital asset market, I appreciate the significance of a regulated platform like One Trading’s upcoming futures exchange.
Financial technology venture SC Ventures, an affiliate of Standard Chartered Bank, has made a substantial investment in European cryptocurrency exchange One Trading. This investment aims to facilitate the debut of the first regulated cryptocurrency perpetual futures platform within the European Union (EU).
On Tuesday, September 17th, I was delighted to learn that our investment round not only progressed but also received contributions from our previous supporters such as MiddleGame Ventures, who expanded their ownership in our company. Additionally, I’m thrilled to welcome new backers like Valar and SpeedInvest to our team.
First Regulated Futures Platform in the EU
OneTrading stated that the fresh injection of funds would strengthen their footing within the digital asset market, with a primary focus on delivering high-quality institutional trading platforms while adhering to stringent European financial laws.
The firm announced that the available resources will be used right away for the initiation of Europe’s inaugural regulated crypto perpetual futures contracts rollout, thereby enabling investors to delve into the derivatives market under a controlled regulatory framework.
Investing strategically bolsters our standing, enabling us to swiftly introduce the inaugural crypto perpetual futures within the European Union, operating as a platform compliant with MiFID II regulations.
🚀Full press release:
— One Trading (@OneTradingEU) September 17, 2024
oneTrading has obtained an Organized Trading Facility (OTF) license from both the Dutch Financial Markets Authority (AFM) and the Dutch Central Bank (DNB). This paves the path for the introduction of their futures contracts.
Via this license, the platform has been formally acknowledged as a venue for MiFID II trading. Consequently, One Trading becomes the first European exchange to provide cash-settled crypto perpetual futures, which is an advanced financial product enabling traders to predict future cryptocurrency prices such as Bitcoin and Ethereum without any requirement for physical delivery.
Access to First Futures Contracts in the EU
As an analyst in the crypto sphere, I find myself at an intriguing juncture with the advent of regulated perpetual futures. This development is particularly significant within the European market, a region witnessing a surge in regulatory clarity. This clarity is largely attributed to the groundbreaking Markets in Crypto-Assets (MiCA) regulation, which is reshaping our industry landscape.
After its launch, this platform will offer accessibility to not only large-scale investors but also individual clients, making it a pioneer in the regulated crypto derivatives market.
As a crypto investor, I’ve learned that the company is offering me a new way to manage my investments more effectively. With structured futures contracts, I can now hedge against market volatility or capitalize on price fluctuations, thereby gaining more control over my crypto portfolio.
The CEO of One Trading, Joshua Barraclough, underscored the benefits SC Ventures could offer, not just for the company, but also for its customers.
In his statement, Barraclough expressed that SC Ventures, being a significant international bank focused on innovation, aims to advance the digital assets market’s underlying structure. He welcomed them as an investor and is confident they will bring substantial value to One Trading and our customers.
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2024-09-17 17:24