LTP’s European Expansion Grows with Acquisition of Spanish Crypto Firm Turing Capital Brokerage
Air Monitoring

LTP’s European Expansion Grows with Acquisition of Spanish Crypto Firm Turing Capital Brokerage

LTP Expands in Europe with Acquisition of Turing Capital Brokerage

LTP, a leading institutional prime brokerage specializing in digital asset markets, has announced the full acquisition of Turing Capital Brokerage (TCB), a Spanish brokerage firm licensed by the Bank of Spain to operate as a Markets in Crypto-Assets (MiCA) licensed entity. This strategic move enables LTP to expand its presence in the European market and offer fully compliant digital asset brokerage services under the MiCA framework. TCB, now renamed as Liquidity Technology S.L (LTP Spain), will leverage LTP’s advanced technology infrastructure, deep liquidity network, and global client base to scale its operations and improve execution efficiency.

Key Players in the Acquisition

Turing Capital, the parent company of TCB, was founded by serial entrepreneurs and long-time crypto investors Jorge Schnura and Javier Garay. Leopoldo Moreno de la Cova Ybarra, along with Schnura and Garay, founded TCB. As part of the acquisition, Leopoldo Moreno de la Cova Ybarra will assume the role of Head of LTP Spain, bringing his leadership and deep knowledge of the European digital asset market to drive LTP Spain’s expansion in the region. Jorge Schnura will continue to advise LTP Spain.

Bridging Traditional Finance and Digital Assets

The partnership between LTP and LTP Spain aims to bridge the gap between traditional finance and digital assets, fostering innovation while ensuring compliance with the latest European regulatory standards. By integrating LTP Spain’s local expertise with LTP’s global infrastructure, the two firms seek to create a more secure, transparent, and efficient trading environment for institutional investors. Jack Yang, Founder and CEO of LTP, emphasizes the importance of providing regulated, institutional-grade digital asset services on a global scale.

Commitment to Regulatory Compliance and Innovation

The acquisition underscores LTP’s commitment to regulatory compliance and innovation in the evolving digital asset landscape. LTP aims to solidify its position as a trusted prime brokerage partner for institutions navigating the complexities of digital finance. The collaboration between LTP and LTP Spain is set to deliver unparalleled access and liquidity to institutional clients, further enhancing the digital asset ecosystem in Europe and beyond.

In conclusion, the acquisition of Turing Capital Brokerage by LTP represents a significant milestone in providing regulated, institutional-grade digital asset services globally. By leveraging LTP Spain’s MiCA-compliant adaptability and expertise in the European market, LTP is well-positioned to meet the needs of institutional clients and drive innovation in the digital asset space. This strategic move not only expands LTP’s presence in Europe but also sets a new standard for regulatory compliance and innovation in the industry.