SC Ventures Invests in One Trading to Launch Perpetual Futures Trading Platform

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. License Acquisition and Regulation
  2. New Market Opportunities and Prospects
  3. Strategic Importance and SC Ventures' Partnerships


    4. SC Ventures, the investment arm of Standard Chartered Bank, has made a strategic investment in One Trading, a Bitpanda spinoff. This investment will help One Trading launch the first perpetual futures trading platform in the European Union.

    License Acquisition and Regulation

    In July, One Trading became the first European cryptocurrency exchange to obtain an Organized Trading Facility (OTF) license from the Dutch Financial Markets Authority. This license allows it to offer financial products regulated under the Markets in Financial Instruments Directive 2018 (MiFID II) instead of the Markets in Crypto-Assets Regulation (MiCA). Crypto assets classified as financial instruments fall under MiFID II regulation.

    New Market Opportunities and Prospects

    Exploring new market potential, One Trading is now the only platform offering perpetual futures trading in the EU and the first cash-settled perpetuals platform in Europe, including the UK. It’s also the first regulated European derivatives exchange open to retail clients.

    Strategic Importance and SC Ventures' Partnerships

    While SC Ventures has been primarily active in cryptocurrency businesses across Asia and the Middle East, this investment signals a slow yet deliberate approach to Europe. In recent years, SC Ventures partnered with Northern Trust to launch Zodia, a UK-registered crypto custody platform, and teamed up with Chinese fintech Linklogis to establish the Olea digital infrastructure platform.

    The launch of the perpetual futures trading platform in the EU, supported by SC Ventures, underscores the importance of financial innovations combined with consumer protection. The launch date for the platform has not been announced yet, and the investment terms were not disclosed.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

MEXC Introduces Opportunity Compass for Enhanced Market Understanding

chest

MEXC has launched Opportunity Compass, an educational initiative aimed at helping users understand both crypto and traditional financial markets.

user avatarMohamed Farouk

MEXC Introduces Opportunity Compass for Crypto Education

chest

MEXC has launched Opportunity Compass, an initiative aimed at educating cryptonative users about global markets and financial opportunities.

user avatarElias Mukuru

Zoomex Highlights Market Volatility Amid Economic Shifts

chest

Zoomex highlights its platform's capabilities during a week of sharp market volatility driven by economic data, enabling traders to respond in real-time.

user avatarDiego Alvarez

Tesla Faces Regulatory Scrutiny, Stock Drops

chest

Tesla's shares fell 6% following a new investigation into its autonomous vehicle technology by the National Highway Traffic Safety Administration, highlighting the impact of regulatory scrutiny on the stock market.

user avatarMaria Fernandez

Unexpected Developments in the US Labor Market with Employment Expansion.

chest

The US economy added 162,000 jobs in August, significantly exceeding forecasts, leading to a rapid repricing of Federal Reserve expectations regarding interest rates.

user avatarKenji Takahashi

TON Foundation Achieves 100 Million Monthly Active Users for Telegram Miniapps

chest

The TON Foundation announces that Telegram Web3 miniapps have surpassed 100 million monthly active users, highlighting a significant milestone in crypto distribution.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.