Thiel-supported One Trading has obtained a license from the Dutch financial regulator, allowing the crypto exchange to bring perpetual futures to the European Union. One Trading, a crypto trading platform incubated by Bitpanda, has been granted an Organized Trading Facility license, making it the sole perpetual futures trading venue in the EU. This license positions One Trading as the first cash-settled perpetuals platform in Europe, and it aims to offer institutional-grade solutions to all customer types. In 2023, One Trading raised €30 million in a Series A round led by Peter Thiel’s Valar Venture.
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Thiel-backed One Trading secures license from Dutch regulator for perpetual futures
