The introduction of regulated perpetual futures comes at a critical time for the crypto industry, particularly in Europe, where regulatory clarity is increasing thanks to the landmark regulatory framework in the region known as the MiCA regulation.
European crypto exchange One Trading has secured a significant investment from SC Ventures, the fintech investment arm of Standard Chartered Bank. The funds will be used to support its mission to launch the first regulated crypto perpetual futures platform in the European Union (EU).
According to an announcement on Tuesday, September 17, the investment round also saw participation from existing backers like MiddleGame Ventures, which increased its stake in the company. Other contributors included Valar and SpeedInvest.
First Regulated Futures Platform in the EU
One Trading said the new capital infusion will help deepen its presence in the digital asset market, focusing on providing institutional-grade trading infrastructure under strict EU financial regulations.
The company stated that the funds would immediately support the upcoming launch of Europe’s first-ever regulated crypto perpetual futures contracts, allowing investors to explore the derivatives market in a regulated environment.
The strategic investment further strengthens our position, immediately supporting our launch of the first crypto perpetual futures in the European Union as a MiFID II trading venue.
🚀Full press release: https://t.co/BdE6N8kd8K
— One Trading (@OneTradingEU) September 17, 2024
One Trading has already secured an Organised Trading Facility (OTF) license from the Dutch Financial Markets Authority (AFM) and the Dutch Central Bank (DNB), preparing the way for the launch of its futures contracts.
Through this license, the exchange is officially recognized as a MiFID II trading venue. This makes One Trading the first exchange in Europe to offer cash-settled crypto perpetual futures, an advanced derivative product allowing traders to speculate on the future price of cryptocurrencies like Bitcoin and Ethereum without the obligation of physical delivery.
Access to First Futures Contracts in the EU
The introduction of regulated perpetual futures comes at a critical time for the crypto industry, particularly in Europe, where regulatory clarity is increasing thanks to the landmark regulatory framework in the region known as the Markets in Crypto-Assets (MiCA) regulation.
Once launched, the platform will be accessible to both institutional investors and retail clients, setting it apart as a trailblazer in the regulated crypto derivatives space.
According to the company, retail investors will be able to hedge against market volatility or take advantage of price fluctuations through structured futures contracts, giving them greater control over their crypto portfolios.
One Trading’s CEO, Joshua Barraclough, emphasized the value that SC Ventures would bring to both the company and its clients.
“As a major multinational bank with a commitment to innovation, SC Ventures is dedicated to driving digital assets market infrastructure. We welcome them as an investor and believe they can add a lot of value to One Trading and our clients,” said Barraclough.
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