Standard Chartered Arm Invests in One Trading for Regulated Crypto Futures in Europe
Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...
One Trading, a Netherlands-based crypto exchange, has secured a strategic investment from SC Ventures, Standard Chartered’s innovation and fintech investment arm.
According to the company’s announcement from Sept. 17, the investment will fuel One Trading’s expansion in the European Union (EU) as it prepares to launch the first crypto perpetual futures trading venue under the Markets in Financial Instruments Directive II (MiFID II).
We are excited to announce that @scventuresDNA have made a strategic investment in @OneTradingEU. As part of this round, existing investor @middlegamevc have also increased its stake in One Trading, while Valar and @speedinvest also participated. pic.twitter.com/E73WTdbTvK
— One Trading (@OneTradingEU) September 17, 2024
Existing investors MiddleGame, as well as Valar and SpeedInvest, also participated in this investment round. The terms of the deal were, however, not disclosed.
One Trading offers a more efficient and user-friendly alternative to traditional crypto derivatives. Unlike futures products available on exchanges like CME or Eurex, One Trading’s derivatives are designed to be simpler and require less capital.
The fresh investment will enable One Trading to further develop its infrastructure, enhance its technology, and expand its product offerings.
“Financial innovation should not come at the cost of consumer protection,” said Alex Manson, CEO of SC Ventures. “We look forward to One Trading providing much needed infrastructure to all participants in the EU and further afield.”
In July, One
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