First Regulated Cryptocurrency Derivatives Exchange Launches in Europe

The inaugural regulated crypto derivatives exchange catering to retail clients has emerged in Europe. Specifically, individuals within the EU will be able to engage in cash-settled crypto futures trading.

The crypto exchange One Trading has obtained an Organized Trading Facility (OTF) license from the Dutch Financial Markets Authority (AFM). This license enables One Trading to become the first European platform to facilitate trading in open-ended cryptocurrency futures, including cash-settled options.

Additionally, One Trading is now the first regulated crypto derivatives exchange accessible to retail clients in the EU and U.K. The platform provides real-time trading, storage, and settlement services for cryptocurrency derivatives, along with the capability to create investment products on a single regulated platform without requiring external clearing.

By leveraging Distributed Ledger Technology (DLT), One Trading effectively integrates storage and settlement, allowing crypto-assets to serve as collateral for trading regulated financial instruments.

Joshua Barraclough, Founder and CEO of One Trading, stated in a press release that the company aims to empower all types of clients to open long or short positions on any assets, utilize any assets as collateral, settle all trades instantly, and extend contracts indefinitely. Furthermore, the company plans to roll out new regulated crypto products and institutional-grade solutions, beginning with BTC and ETH offerings, for which there is currently no onshore EU platform.

Approximately one-third of all new Web3 startups in the first half of 2024 were established in Europe. The region’s appeal increased by about 3% compared to the second half of 2023, primarily due to the gradual rollout of MiCA.

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