First Regulated Crypto Derivatives Exchange in Europe Emerges

The first regulated crypto derivatives exchange available to retail customers appeared in Europe. Specifically, users in the EU will have access to cash-settled crypto futures trading.

Crypto exchange One Trading received an Organized Trading Facility (OTF) license from the Dutch Financial Markets Authority (AFM). The license allows One Trading to become the first European platform to trade open-ended cryptocurrency futures, including cash-settled futures.

Moreover, One Trading is now the first regulated crypto derivatives exchange open to EU and U.K. retail clients. The platform also offers real-time trading, storage, and settlement services for cryptocurrency derivatives and the creation of investment products on a single regulated platform without the need for external clearing.

By utilizing DLT, One Trading seamlessly integrates storage and settlement and allows crypto-assets to be used as collateral for trading regulated financial instruments.

Joshua Barraclough, Founder and CEO of One Trading, said in a press release that the company aims to provide all types of clients with the ability to open long or short positions on any assets, use any assets as collateral, settle all trades instantly, and extend contracts indefinitely. In addition, the company intends to introduce new regulated crypto products and institutional-grade solutions, starting with BTC and ETH products, for which there’s no onshore EU platform today.

About a third of all new Web3 startups in H1 2024 were launched in Europe. The region’s attractiveness grew by around 3% compared to H2 2023, largely due to the gradual implementation of MiCA.

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