**Breaking News: SC Ventures Invests in One Trading for EU's First Perpetual Futures Platform**
SC Ventures, the investment arm of Standard Chartered Bank, has made a strategic investment in One Trading, a spinoff from Bitpanda. This investment will help One Trading launch the first perpetual futures trading platform in the European Union.
- One Trading received an Organized Trading Facility (OTF) license from the Dutch Financial Markets Authority in July.
- This makes it the first European crypto exchange to offer financial products under MiFID II regulations.
- The platform will be the first regulated European derivatives exchange open to retail clients.
SC Ventures CEO Alex Manson emphasized the importance of consumer protection in financial innovation. The terms of the investment and the launch date for the crypto perpetual futures have not been disclosed.
Other investors in the funding round included MiddleGame Ventures, Valar, and SpeedInvest. One Trading, previously known as Bitpanda Pro, spun off from Bitpanda in 2023.
Standard Chartered and SC Ventures continue to expand their footprint in the cryptocurrency space, with various initiatives in Asia, the Middle East, and Europe.