Nasdaq Ventures backs One Trading to build 24/7 markets in Europe
What's the deal? One Trading, an Amsterdam-based regulated derivatives and crypto exchange, has raised an undisclosed early-stage strategic investment from Nasdaq VenturesDealroom has a profile for this one. Try Dealroom →. The two firms plan to explore joint initiatives, starting with upgrading round-the-clock trading infrastructure and broadening product offerings.
What does One Trading do? It offers 24/7 spot crypto and perpetual futures on equities to retail and institutional investors. The company recently won Dutch regulatory backing for what it bills as the first EU-regulated 24/7 equity perpetuals market.
What's the endgame? The partnership targets always-on infrastructure for traditional derivatives. "We believe the future of derivatives markets will be shaped by advances in technology, risk management and market infrastructure that make markets more efficient, responsive and resilient," said Joshua Barraclough, chief executive officer of One Trading.
Why now? Nasdaq Ventures, the exchange operator's corporate venture arm, has been deploying capital into technologies bridging traditional finance with round-the-clock markets. Last month it invested US$100 million in PaywardDealroom has a profile for this one. Try Dealroom →, the parent of crypto exchange KrakenDealroom has a profile for this one. Try Dealroom →, in a deal focused on tokenized equities and always-on markets.
What Nasdaq is looking for. "At Nasdaq Ventures, we look for teams building disruptive technologies that are uniquely positioned to expand liquidity and transparency while addressing market participants' needs," said Gary Offner, global head of Nasdaq Ventures.
The signal: Major exchanges are betting that equities, derivatives, and digital assets will eventually trade on continuous, tokenized rails. CME recently launched 24/7 futures, and Nasdaq's back-to-back deals with Kraken and One Trading suggest incumbents want a stake in that shift before it arrives.
Read more: financemagnates.com
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