SC Ventures supports One Trading in launching crypto perpetual futures in the EU

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Investing in new market potential
  2. Slow approach to Europe
  3. Other initiatives by SC Ventures


    4. SC Ventures, the investment arm of Standard Chartered Bank, has made a strategic investment in Bitpanda spinoff One Trading. The company plans to use this investment to launch the first perpetual futures on cryptocurrencies in the European Union.

    Investing in new market potential

    Thanks to its Organized Trading Facility (OTF) license received in July from the Dutch Financial Markets Authority, One Trading became the first European cryptocurrency exchange able to offer financial products under the Markets in Financial Instruments Directive 2018 (MiFID II). Crypto assets that are defined as financial instruments are regulated under MiFID II, rather than the Markets in Crypto-Assets Regulation (MiCA).

    Now, One Trading is the only perpetual futures trading platform in the European Union. It also became the first cash-settled perpetuals platform in Europe, including the United Kingdom, and the first regulated European derivatives exchange open to retail clients. MiFID II increased transparency and consumer protection on European financial markets. SC Ventures CEO Alex Manson said:

    "Financial innovation should not come at the cost of consumer protection, that’s why we are glad to see One Trading receiving the OTF License. We congratulate the team on becoming the first MiFID II trading venue for crypto perpetual futures in the EU."

    Slow approach to Europe

    Standard Chartered and SC Ventures have a hand in cryptocurrency businesses worldwide, mainly in Asia and the Middle East. SC Ventures and Northern Trust partnered to launch the UK-registered Zodia crypto custody platform in 2021. Standard Chartered and Chinese fintech Linklogis set up the Olea digital infrastructure platform in 2021.

    In 2023, SC Ventures established a joint venture in the United Arab Emirates with the Japanese conglomerate SBI Holding.

    Other initiatives by SC Ventures

    This year, Mox virtual bank, a Hong Kong-based Standard Chartered subsidiary, launched crypto exchange-traded fund trading in Hong Kong. Standard Chartered also partnered with Singapore-based Crypto.com to provide fiat currency services in the UAE and partnered with Brevan Howard to open crypto custody services in the UAE.

    The launch of perpetual futures on cryptocurrencies in Europe could be a significant step for the European crypto market, increasing its attractiveness to investors and bringing new technologies into the regulatory field.

Tier I

Sector: #18291

Sealed Hiding Place 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, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Bitcoin Faces Critical Resistance as Market Dynamics Shift

Bitcoin's price action indicates critical resistance levels that need to be reclaimed for a sustained recovery.

user avatarMiguel Rodriguez

Trump Media Expands Bitcoin Holdings Amid Market Uncertainty

Trump Media Technology Group reported a significant increase in its Bitcoin holdings, adding approximately 1,510 BTC during Q3 2026, totaling around 15,649 BTC valued at $117 billion.

user avatarLuis Flores

Nvidia Faces Class Action Lawsuit Over Allegations of Fraud

Nvidia and CEO Jensen Huang face a class action lawsuit for allegedly defrauding investors by concealing Huang's relationship with a suspected Chinese spy.

user avatarArif Mukhtar

Bipartisan Support for Cryptocurrency Grows in Congress

Bipartisan support for cryptocurrency is increasing in Congress, with over 50 newly elected lawmakers advocating for digital assets following the 2026 midterm elections.

user avatarMaria Gutierrez

American Bitcoin Reports Strong Third Quarter Performance

American Bitcoin reported a net income of approximately $126 million for Q3, highlighting its Bitcoin reserve growth from mining operations.

user avatarDavid Robinson

Hyperliquid Strategies Files for Futures Commission Merchant Status

Hyperliquid Strategies has filed an application to become a futures commission merchant, allowing it to handle certain futures-related client functions.

user avatarAndrew Smith

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.