Thiel-backed One Trading has obtained a license from the Dutch financial regulator to offer perpetual futures trading on its crypto exchange in the European Union. The Organized Trading Facility license positions One Trading as the first cash-settled perpetuals platform in Europe, enabling customers to trade long or short on any asset and instantly settle contracts. The license allows the company to introduce new regulated products and offer institutional-grade solutions to all customer types. One Trading, formerly an independent entity from Bitpanda Pro, raised €30 million in a Series A funding round in 2023, led by Peter Thiel’s Valar Venture. The company also holds a virtual asset service provider license from the Dutch regulator.
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Thiel-backed One Trading secures license from Dutch regulator for perpetual futures
