One Trading secures a Dutch AFM license, becoming the first EU platform for regulated perpetual futures trading, enhancing Tradfi with blockchain technology.
One Trading, a Bitpanda spinoff, has obtained an Organized Trading Facility license from the Dutch Financial Markets Authority (AFM). This milestone enables One Trading to introduce regulated crypto futures trading to Europe, marking a significant advancement for digital asset exchanges in the region.
Key Points:
License Acquisition:
One Trading receives Organized Trading Facility license from the Dutch Financial Markets Authority (AFM).
Enables the introduction of onshore crypto futures trading in Europe.
Market Innovations:
Becomes the only perpetual futures trading platform in the European Union.
First cash-settled perpetual platform in Europe, including the UK.
First regulated European derivatives exchange open to retail clients.
Blockchain Integration:
Utilizes distributed ledger technology for real-time, around-the-clock derivatives trading.
First EU platform to allow crypto assets as collateral for trading regulated financial instruments.
Company Vision:
CEO Joshua Barraclough emphasizes the goal to enable all customer types to go long or short on any asset, use any asset as collateral, and settle everything instantly.
Funding and Expansion:
Originally known as Bitpanda Pro, spun off after a Series A funding round led by Valar Ventures, raising €30 million.
Valar Ventures, co-founded by Peter Thiel, has backed multiple crypto enterprises.
One Trading’s new license marks a pivotal moment in the EU's crypto market, offering innovative financial products and enhanced trading capabilities. This development strengthens regulatory compliance and broadens access to sophisticated trading tools for institutional and retail clients alike.
Source: Cointelegraph
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