Exchange Bitpanda Pro Spins Out Into New Entity One Trading and Closes €30 Million Series A Funding Round

Exchange Bitpanda Pro Spins Out Into New Entity One Trading and Closes €30 Million Series A Funding Round

Crypto exchange Bitpanda Pro has spun out into a separate business named One Trading, led by Josh Barraclough, former head of digital innovation at JPMorgan Chase. The new entity raised €30 million in a Series A funding round led by Valar Ventures with participation from MiddleGame Ventures, Speedinvest, Keyrock and Wintermute Ventures.

Founded in 2014 and based in Vienna, Bitpanda was largely retail-focused until the launch of its Pro product in 2019.

One Trading said it intends to operate as a MiFID Trading Venue. The MiFID licence will also allow the startup to list financial instruments, it added. It also has a VASP licence.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Exchanges

Fund Raising

Related News
Berachain Raised $100M Series B Round, Led by Framework Ventures and BH Digital Berachain Raised $100M Series B Round, Led by Framework Ventures and BH Digital
New Layer 1 Monad Labs Raised $225M, Led by Paradigm New Layer 1 Monad Labs Raised $225M, Led by Paradigm
Crypto VC Investments Rose by over 52% in March, Reaching $1.16 Billion Crypto VC Investments Rose by over 52% in March, Reaching $1.16 Billion
The U.S. DOJ Charges Against KuCoin and its Founders The U.S. DOJ Charges Against KuCoin and its Founders
BloFin Announces Platinum Sponsor of TOKEN2049 Dubai 2024 BloFin Announces Platinum Sponsor of TOKEN2049 Dubai 2024
Latest News More More
18 Hours Ago DA Project Avail Confirmed Token Airdrop Plan
18 Hours Ago Tether to Launch New Businesses, Tether Data, Tether Finance, Tether Power, and Tether Edu
1 Day Ago Lido Finance Implemented Simple Distributed Validator Technology (DVT)
1 Day Ago Real Opportunity for Runes only Comes After the Initial Hype
1 Day Ago Worldcoin Announced "Human Centric" Blockchain World Chain
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open