Bitpanda Pro becomes One Trading, raises €30m
Bitpanda Pro cryptocurrency exchange has undergone a significant transformation. It has been spun out into a standalone company called One Trading. A successful Series A funding round accompanied this development. The funding was led by Valar Ventures, a venture capital firm co-founded by renowned entrepreneur Peter Thiel. Bitpanda Pro is now One Trading Bitpanda Pro, a division of the Austrian cryptocurrency company catering to institutional and professional traders, has emerged as a separate entity called One Trading, led by Josh Barraclough, previously a digital innovation executive at JP Morgan. The investment demonstrate the growing confidence and support in Bitpanda Pro’s future prospects. According to a June 28 announcement, One Trading has successfully secured €30 million in a Series A funding round. Valar Ventures, the investment firm of Peter Thiel, primarily led the funding. Other participants in the funding round include MiddleGame Ventures, Speedinvest,...