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TP ICAP Opens its Doors to Bitcoin
Summary: TP ICAP Plc, a global firm of professional intermediaries that plays a significant role in the world's financial, energy, and commodities markets, has finally entered the crypto business in order to trade Bitcoin derivatives. TP ICAP will now function as an intermediary between clients who want to buy and sell Bitcoin futures. The company's new ...
TP ICAP Plc, a global firm of professional intermediaries that plays a significant role in the world's financial, energy, and commodities markets, has finally entered the crypto business in order to trade Bitcoin derivatives.
TP ICAP will now function as an intermediary between clients who want to buy and sell Bitcoin futures. The company's new endevour will be run by Simon Forster and Duncan Trenholme in London, with prospects of eventually expanding to the U.S. and Asia.
The company's decision to embrace Bitcoin greatly contrasts with traditional financial institutions and investment banks who have distanced themselves from such unregulated assets.
