One Trading raises €30m led by Valar Ventures to rebrand and expand its exchange platform.
The financing round was led by Peter Thiel's Valar Ventures to support the platform's separation from Bitpanda and its development as an independent exchange.
≈ £25.9M at €1 = £0.8634 on 28 Jun 2023
One Trading operates a regulated digital asset exchange that provides trading services for both retail and institutional clients, formerly known as Bitpanda Pro.
One Trading has raised €30m in a funding round led by Valar Ventures, with participation from MiddleGame Ventures, Speedinvest, Keyrock, and Wintermute Ventures. The capital supports the platform's separation from Bitpanda and its rebrand from Bitpanda Pro as it prepares to scale its operations. The company intends to use the funds to build out its infrastructure and pursue status as a MiFID Trading Venue. Led by former JP Morgan executive Josh Barraclough, the digital asset exchange aims to bridge the gap between traditional finance protections and crypto markets by introducing a membership model and enhanced regulatory compliance.
From the founder
"be the fastest and most scaleable exchange based on real-work metrics."
Josh Barraclough
CEO at One Trading
Investor perspective
"One Trading will regain traders’ trust and build confidence in a product that delivers both on regulation, and improved technology."
James Fitzgerald
Founding Partner, Valar Ventures
Use of funds
- 01Build out infrastructure
Investors
Categories
About the company
One Trading
One Trading operates a regulated digital asset exchange for retail and institutional clients.