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Fintech Firm Bitpanda To Launch Crypto Derivatives Trading Platform
Summary: According to an exclusive report from The Block, Austria-based fintech unicorn Bitpanda is setting up a new crypto derivatives trading platform. The company is currently hiring a trading supervisor for its "Bitpanda Pro" product, which serves experienced traders and institutions, first focusing on spot over-the-counter trading desks and then expanding to derivatives. A spokesperson said that ...
According to an exclusive report from The Block, Austria-based fintech unicorn Bitpanda is setting up a new crypto derivatives trading platform.
The company is currently hiring a trading supervisor for its "Bitpanda Pro" product, which serves experienced traders and institutions, first focusing on spot over-the-counter trading desks and then expanding to derivatives.
A spokesperson said that Bitpanda had never offered derivative products before. Joshua Barraclough, head of Bitpanda Pro, told The Block that as a professional trading platform, Bitpanda Pro's goal is to provide highly complex financial instruments.
Bitpanda allows users to invest in stocks, crypto, and metals one-stop. In August, the company raised $263 million at a valuation of $4.1 billion in a Series C financing led by Peter Thiel's Valar Ventures.
By Mary Liu
Tags: Bitpanda,Crypto Derivatives
Link: Fintech Firm Bitpanda To Launch Crypto Derivatives Trading Platform [Copy]
