Maven Joins Wave of Prop Firms Launching Crypto Funded-Trader Platforms

Monday, 16/03/2026 | 17:00 GMT by Jared Kirui
  • Former executives from JP Morgan and Dresdner Kleinwort recently launched a similar venture in Hong Kong.
  • Maven expanded into brokerage last year after securing a license in Saint Lucia to offer MetaTrader 5.
Prop Trading

Prop trading firm Maven has rolled out a new crypto-focused proprietary trading brand that runs entirely on simulated trading. Dubbed WenCrypto, the platform operates under the Maven Trading brand and targets traders who want to trade crypto without using real deposits or accessing live markets.

Crypto Prop Push

In crypto prop trading a firm backs traders to trade with the firm’s capital and infrastructure in return for a share of any profits. Traders focus on strategies in spot and derivatives, while the firm handles risk limits, platforms, and funding. This setup attracts traders who want a professional environment without running their own fund or managing outside clients.

In the past year, more firms have entered this space, including teams with a background in major banks. In Hong Kong, former executives from JP Morgan and Dresdner Kleinwort recently launched a dedicated crypto prop venture that targets professional and semi-professional traders.

You may also like: TTT Markets Joins Prop Firms Expanding into CFD Brokerage

As new players arrive, competition in crypto prop trading increases. Established crypto shops now face rivals backed by people with experience from global banks and hedge funds. That push raises expectations around risk management , compliance awareness, and trading technology, even when firms focus on training, simulations, or non-broker structures instead of direct market access.

Prop Firms Diversify into Crypto and Brokerage

Several other firms have moved into crypto-focused prop trading. Crypto Fund Trader has positioned itself as a crypto-native prop platform and recently disclosed that it has paid about $18 million to traders, underscoring demand for funded-style crypto programs. Retail prop firms that started in forex and indices are also adding crypto.

Besides its crypto prop launch, Maven is one of the prop firms now in the brokerage space. Last year, it secured a brokerage license to restore MetaTrader 5 access for its traders. It launched Maven Trade Ltd in Saint Lucia, allowing it to offer MT5 under its own authorization after MetaQuotes’ earlier crackdown on grey-label setups forced many prop firms, including Maven, to remove the platform.

Prop trading firm Maven has rolled out a new crypto-focused proprietary trading brand that runs entirely on simulated trading. Dubbed WenCrypto, the platform operates under the Maven Trading brand and targets traders who want to trade crypto without using real deposits or accessing live markets.

Crypto Prop Push

In crypto prop trading a firm backs traders to trade with the firm’s capital and infrastructure in return for a share of any profits. Traders focus on strategies in spot and derivatives, while the firm handles risk limits, platforms, and funding. This setup attracts traders who want a professional environment without running their own fund or managing outside clients.

In the past year, more firms have entered this space, including teams with a background in major banks. In Hong Kong, former executives from JP Morgan and Dresdner Kleinwort recently launched a dedicated crypto prop venture that targets professional and semi-professional traders.

You may also like: TTT Markets Joins Prop Firms Expanding into CFD Brokerage

As new players arrive, competition in crypto prop trading increases. Established crypto shops now face rivals backed by people with experience from global banks and hedge funds. That push raises expectations around risk management , compliance awareness, and trading technology, even when firms focus on training, simulations, or non-broker structures instead of direct market access.

Prop Firms Diversify into Crypto and Brokerage

Several other firms have moved into crypto-focused prop trading. Crypto Fund Trader has positioned itself as a crypto-native prop platform and recently disclosed that it has paid about $18 million to traders, underscoring demand for funded-style crypto programs. Retail prop firms that started in forex and indices are also adding crypto.

Besides its crypto prop launch, Maven is one of the prop firms now in the brokerage space. Last year, it secured a brokerage license to restore MetaTrader 5 access for its traders. It launched Maven Trade Ltd in Saint Lucia, allowing it to offer MT5 under its own authorization after MetaQuotes’ earlier crackdown on grey-label setups forced many prop firms, including Maven, to remove the platform.

About the Author: Jared Kirui
Jared Kirui
  • 2684 Articles
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About the Author: Jared Kirui
Jared Kirui is an Editor at Finance Magnates with more than five years of experience in financial journalism. He covers online trading, fintech, payments, and crypto industries with a focus on companies, regulation and compliance, executive moves, trading technology, and market analysis. His work has been featured in other media outlets, including Benzinga, ZyCrypto, The Distributed, and The Daily Hodl. Education: Bachelor of Commerce degree (Finance option), University of Nairobi
  • 2684 Articles
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