European crypto exchange One trading acquires derivatives license in Netherlands

IconCryptoNewsTerminal Staff29 Jul, 2024

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European crypto exchange One trading acquires derivatives license in Netherlands

European crypto exchange One trading has added derivatives to its product offering after acquiring a license from the Dutch Market Authority, the company announced today. The license will allow One trading to offer a range of derivatives products, including futures and options, to its clients. The company said that it plans to launch its derivatives trading platform in the coming weeks. The move is a significant one for One trading, as it makes the company one of the few European crypto exchanges to offer derivatives trading. The company is hoping that the new license will help it to attract more clients and grow its market share. "We are very excited to be able to offer derivatives trading to our clients," said One trading CEO Ruud Feltkamp. "This is a major step forward for our company and we believe that it will help us to become a leading player in the European crypto market." The acquisition of the derivatives license is the latest in a series of moves by One trading to expand its product offering. The company recently launched a staking service and a non-custodial wallet.