One Trading, a Netherlands-based crypto exchange, has received a strategic investment from SC Ventures, the innovation and fintech investment arm of Standard Chartered. This investment will fuel One Trading’s expansion in the EU as it prepares to launch the first crypto perpetual futures trading venue compliant with MiFID II. Existing investors MiddleGame, Valar, and SpeedInvest also participated in this round, although the terms of the deal were not disclosed. Unlike traditional crypto derivatives, One Trading offers a simpler and more capital-efficient alternative for traders.
The fresh investment will allow One Trading to enhance its infrastructure, technology, and product offerings. The company aims to provide a user-friendly platform while ensuring consumer protection remains a priority. Under the leadership of CEO Alex Manson, SC Ventures looks forward to supporting One Trading in offering vital infrastructure to EU participants. In July, One Trading obtained an OTF license from the Dutch AFM, positioning itself as the only perpetual futures trading venue in Europe, including the UK. As a MiFID II trading venue, One Trading must adhere to regulatory standards to ensure market transparency, investor protection, and fair financial markets.
CEO Joshua Barraclough expressed pride in achieving the OTF license, stating that it represents years of hard work and innovation. One Trading’s long-term vision is to enable customers to go long or short on any asset, use any asset as collateral, settle transactions instantly, and perpetually roll contracts. Previously known as Bitpanda Pro, One Trading was established in 2019 as a subsidiary of the Austrian digital asset platform Bitpanda. In June 2023, One Trading became independent from Bitpanda after a Series A funding round led by Valar Ventures, raising €30 million. Notably, Peter Thiel’s Valar Ventures, a long-term investor in Bitpanda, led the investment round alongside other participants such as Speedinvest, MiddleGame Ventures, Keyrock, and Wintermute Ventures.
In January 2024, Bitpanda launched Bitpanda Wealth, a platform catering to European institutions and high-net-worth individuals seeking exposure to digital assets. One Trading’s spin-off from Bitpanda marks a significant milestone in its growth trajectory, underscoring the company’s commitment to revolutionizing the crypto derivatives market in Europe. With SC Ventures’ strategic investment and continued support from existing investors and industry partners, One Trading is poised to cement its position as a leading player in the EU market for crypto perpetual futures trading. The company’s focus on innovation, user experience, and regulatory compliance sets it apart in the evolving landscape of digital asset trading platforms.
