A&O Shearman advises One Trading on its license application for the First Crypto OTF in Europe

This marks a significant milestone in the development of One Trading, which is now the first trading venue for cryptocurrency perpetual futures in Europe.

The A&O Shearman team pooled its comprehensive expertise in financial regulation, technology, and international business law to assist One Trading in navigating the complex regulatory environment. The close cooperation of the various national teams enabled the development of a tailored strategy that meets the specific requirements and challenges of the European crypto market.

The granting of the license will allow One Trading to offer institutional and private investors a regulated and secure trading platform for cryptocurrency-based products. This represents an important advancement for the legitimization and integration of cryptocurrencies into the European financial system. With the increasing acceptance of digital currencies and the growing demand for regulated trading platforms, One Trading is positioning itself at the forefront of this innovative industry.

One Trading, formerly known as Bitpanda Pro, is an emerging company in the field of cryptocurrencies, aiming to make trading in digital assets safer, more transparent, and more accessible. With the sought-after licensing as a crypto OTF, One Trading aspires to take a leading role in the European cryptocurrency landscape.

Daphne van der Houwen, formerly employed at Allen & Overy, was consulting for Freshfields.

The international team from A&O Shearman was led by Dr Alexander Behrens (capital markets) and included partners Dr Matthias Horn (corporate/M&A, both Frankfurt), Pien Kerckhaert (financial services regulatory, Amsterdam), Tom Roberts (capital markets) and Ben Regnard-Weinrabe (financial services regulatory, both London). Furthermore, the team comprised senior associates Niklas Germayer (capital markets) and Dr Matthias Taggeselle (corporate/M&A, both Frankfurt), as well as associates Mirte Miltenburg (employment law) and Rik Coomans (financial services regulatory, both Amsterdam).

For more information please contact: Ayfer Ekingen, Frankfurt am Main, Tel: +49 69 2648 5840 (ayfer.ekingen@aoshearman.com)