Singapore-based buying and selling agency QCP has boosted headcount by 50% to 157, opened places of work in 5 cities, and secured key licenses in Singapore and Abu Dhabi to scale regulated 24/7 institutional crypto buying and selling.
- QCP has grown its workforce by 50% year-over-year to 157 staff and expanded its Singapore HQ at Prudential Tower.
- The agency opened new places of work in New York, Abu Dhabi, Kuala Lumpur, Ho Chi Minh Metropolis, and broadened protection in London.
- QCP secured a Main Cost Establishment license from MAS and a Monetary Companies Permission from ADGM, enabling regulated spot, derivatives, and structured merchandise for institutional purchasers like Nasdaq and Securitize-backed entities.
QCP Group, a Singapore-based digital asset buying and selling agency, has elevated its workforce by 50% year-over-year to 157 staff globally and opened new places of work throughout 5 cities, the corporate introduced Wednesday.
The agency has established new areas in New York, Abu Dhabi, Kuala Lumpur, and Ho Chi Minh Metropolis, whereas increasing its Singapore headquarters to bigger premises at Prudential Tower, in accordance with the announcement. QCP presently employs 119 individuals in Singapore, with the rest distributed throughout its international places of work.
QCP expands international outreach
The growth follows regulatory approvals in two jurisdictions: a Main Cost Establishment license from the Financial Authority of Singapore and a Monetary Companies Permission from Abu Dhabi World Market, the corporate said. The licenses allow QCP to supply regulated spot buying and selling, derivatives, and structured merchandise to institutional purchasers on a 24-hour foundation.
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“Establishments desire a associate with deep market experience, full-spectrum execution and regulatory integrity within the hubs that matter,” mentioned Darius Sit, QCP’s founder, within the announcement. “With licensed operations in Singapore and Abu Dhabi and on-the-ground protection in New York and London, we’re assembly purchasers the place they’re.”
QCP serves institutional purchasers together with Nasdaq and companies backed by BlackRock, resembling tokenization platform Securitize, in accordance with the corporate. The agency supplies liquidity entry, danger administration, and yield methods for international funds, corporates, and household places of work.
CEO Melvin Deng mentioned the technique combines regulated market entry with buying and selling infrastructure, enabling the agency to serve purchasers below Singapore’s and ADGM’s regulatory frameworks whereas providing round the clock protection throughout spot, choices, and structured merchandise.
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