One Trading is the newly independent company formed from Bitpanda Pro, the crypto exchange arm previously operated inside Bitpanda. The platform is designed for institutional investors and businesses that trade using bots and APIs, handling large orders and offering an institutional OTC business. One Trading raised $33 million (€30 million) as it separates from Bitpanda and plans to invest in infrastructure to improve liquidity and market depth. The company intends to introduce a membership model for large liquidity providers, offer low fees and deep order books for retail, and start listing more products — including derivatives — with appropriate controls and vetting. The spinout leaves Bitpanda focused on acting as a broker (no longer operating an exchange or institutional OTC business) while isolating regulatory risk tied to exchange activities. Operating metrics cited in reporting show Bitpanda Pro had facilitated about $634,000 in transaction volume over the prior 24 hours, far below major exchanges like Binance and Coinbase.

Total raised

$33M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2023