Prime Brokerage Firm LTP Acquires Spain's TCB for MiCA-Compliant Crypto Services

Hong Kong-based Institutional prime brokerage firm LTP made a major push into the European digital asset market with the acquisition of Turing Capital Brokerage (TCB), a Spanish firm licensed under the European Union's MiCA regulatory framework.

According to the company, this initiative will enable LTP to offer institutional clients fully compliant crypto brokerage services across Europe, boosting its position in the evolving digital finance sector.

“This acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term marks a significant step in our mission to provide regulated, institutional-grade digital asset services on a global scale. With LTP Spain's MiCA-compliant adaptability and deep-rooted expertise in the European market, we are poised to deliver unparalleled access and liquidity to our institutional clients,” said Jack Yang, the Founder and CEO of LTP.

Boosting Presence in Europe with MiCA Compliance

The acquisition of TCB, a subsidiary of Turing Capital, marks a strategic expansion for LTP. TCB's regulatory approval from the Bank of Spain ensures that LTP can operate under the MiCA framework, providing institutional investors with secure and transparent access to digital asset markets.

Following the acquisition, TCB has been rebranded as Liquidity Technology S.L (LTP Spain). The new entity will benefit from LTP's global infrastructure, deep liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term network, and advanced technology. The transition is expected to enhance execution efficiency and broaden service offerings for institutional investors across Europe.

With Europe tightening its regulatory framework for crypto assets through MiCA, LTP's move positions it as a key player in compliant institutional crypto services. The acquisition enables the firm to integrate TCB's regional expertise with its own global network, creating a more secure and efficient trading environment.

Bridging Traditional Finance and Digital Assets

By expanding into Europe with a regulated entity, LTP reinforces its commitment to compliance and innovation, ensuring that institutional investors can confidently navigate the digital finance landscape.

This acquisition underscores LTP's long-term vision of bridging traditional finance with digital assets in a way that is both secure and forward-looking.

Meanwhile, Eric Wang, who formerly worked with multiple retail trading brands, recently moved to LTP as its Head of Australia. Wang is a seasoned executive in the retail trading industry. He joined LTP from CBCX, a liquidity provider for CFDs on forex, precious metals, commodities, and indexes, where he served as the Chief Operating Officer.