Annerton advises cryptocurrency exchange FTX on its European market entry
Frankfurt am Main, 2 May 2022 – As one of the leading international cryptocurrency exchanges, FTX has entered the European crypto market and will offer its product portfolio as a licensed investment firm under the name FTX Europe throughout the European economic area. As part of the European market entry, Annerton provided legal advice to FTX on regulatory issues.
Founded in 2019, FTX is a crypto trading platform that allows its users to trade tokenised equities and crypto derivatives alongside cryptocurrencies. With the establishment of FTX Europe, headquartered in Switzerland and regional EEA headquarters in Cyprus, and official authorisation for Europe and the EEA from the financial authority CySEC, FTX now serves the entire European market through a regulated investment firm with passport-eligible licences.
Within the European market entry of FTX, a team of Annerton lawyers among Dr Anna L. Izzo-Wagner, Alireza Siadat, Dr Matthäus Schindele and Till-Christopher Otto provided regulatory support in a broader context. The team of Annerton has worked together with a global network of other law firms and internal counsel of FTX.
Annerton is an independent law firm specialising in regulatory law in the financial industry. Since 2020, Annerton Rechtsanwaltsgesellschaft mbH in Germany and Annerton S.A. in Luxembourg have been advising established international institutions and corporations as well as innovative start-ups from the banking, financial services and digital economy sectors. Annerton has its offices in Berlin, Frankfurt am Main, Munich and Luxembourg with more than 20 lawyers, two tax advisors and other team members. Information: www.annerton.com.
Annerton Rechtsanwaltsgesellschaft mbH
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