SC Ventures leads investment in One Trading following landmark European crypto derivatives trading approval

Amsterdam, September 17, 2024 – SC Ventures, Standard Chartered’s innovation, fintech
investment and ventures arm, has made a strategic investment in One Trading, a leading
European crypto-asset exchange. As part of this round, existing investor MiddleGame Ventures
increased its stake in One Trading, while Valar and SpeedInvest also participated. The terms of
the deal were not disclosed.
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“As a major, multinational bank with a commitment to innovation, SC Ventures is dedicated to
driving digital assets market infrastructure. We welcome them as an investor in the company and
believe they can add a lot of value to One Trading and our clients,” said Joshua Barraclough,
Founder and CEO of One Trading.
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One Trading will use the investment to support launching the first crypto perpetual futures in the
European Union (EU) as a MiFID II trading venue. The MiFID II is a regulatory framework the EU
rolled out in 2018 to increase transparency and improve investor protections across European
financial markets. In July 2024, the Dutch financial market regulator granted One Trading an
Organised Trading Facility (OTF) License, which establishes One Trading as a MiFID II trading
venue.

First regulated derivatives exchange in Europe accessible to retail clients

With the OTF License approval, One Trading is the only crypto perpetual futures trading venue in
the EU and the first cash-settled perpetuals platform in Europe, including the UK. One Trading is
also the first regulated derivatives exchange in Europe which will be accessible to retail clients.
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The OTF license approval marks a milestone in One Trading's multi-year journey with the Dutch
Financial Markets Authority (AFM) and the Dutch Central Bank (DNB) to revolutionize derivatives
trading and bring crypto futures onshore in the EU.

Strategic partnerships

“Financial innovation should not come at the cost of consumer protection, that’s why we are glad
to see One Trading receiving the OTF License. We congratulate the team on becoming the first
MiFID II trading venue for crypto perpetual futures in the EU,” said Alex Manson, CEO of SC
Ventures. “We look forward to One Trading providing much needed infrastructure to all
participants in the EU and further afield.”
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“We saw the potential for One Trading early in its journey and we are delighted to be
participating with SC Ventures and others in this investment. We are happy to support One
Trading to become the undisputed leading onshore, licensed and institutional trading venue the
digital assets market has been clamouring for,” said Pascal Bouvier, Managing Partner,
MiddleGame Ventures.

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