Digital asset exchange BitpandaPro, now separated from Bitpanda_global and rebranded as One Trading, has raised capital led by Peter Thiel’s valarventures. BrandyBetz reports
Austria-based One Trading, the digital asset exchange formerly known as Bitpanda Pro, has announced a successful €30 million funding round as it separates entirely from Bitpanda. The new platform plans to expand its crypto asset offerings for retail and institutional investors throughout Europe. The raise was led by Valar Ventures, co-founded by billionaire entrepreneur Peter Thiel, and featured participation from MiddleGame Ventures, Speedinvest, Keyrock and Wintermute Ventures.
"Since we first launched Bitpanda Pro, given its potential, we always knew and planned that its success would naturally make it evolve to become its own business," said Eric Demuth, CEO of Bitpanda, in a press release.joined Bitpanda in late 2021 “We want to make crypto trading safe and accessible for all and bridge the gap to provide an institutional-grade platform for all customer types,” Barraclough said in the press release
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