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MADRID, March 20, 2025 /PRNewswire/ — LTP, a number one institutional prime brokerage specializing in digital asset markets, as we speak introduced the complete acquisition of Turing Capital Brokerage (‘TCB’), a Spanish brokerage agency licensed by the Financial institution of Spain to function as a Markets in Crypto-Property (MiCA) licensed entity, which gives a regulatory framework for crypto-assets, issuers, and repair suppliers throughout the European Union.
TCB is a subsidiary of Turing Capital, a digital belongings funding agency based by serial entrepreneurs and long-time crypto buyers Jorge Schnura and Javier Garay. They, together with Leopoldo Moreno de la Cova Ybarra, based TCB.
This strategic acquisition allows LTP to increase its presence to the European market whereas providing absolutely compliant digital asset brokerage providers underneath the MiCA framework. With TCB’s established regulatory standing and deep understanding of the European digital asset ecosystem, LTP goals to increase its service choices, offering institutional shoppers with seamless, regulated entry to crypto markets.
For TCB, now renamed as Liquidity Know-how S.L (“LTP Spain”), the acquisition presents a chance to leverage LTP’s superior know-how infrastructure, deep liquidity community, and world shopper base. The collaboration will enable LTP Spain to scale its operations, enhance execution effectivity, and broaden its service capabilities to institutional shoppers throughout Europe and past.
As a part of the acquisition, Leopoldo Moreno de la Cova Ybarra, will assume the position of Head of LTP Spain. His management and deep information of the European digital asset market shall be instrumental in driving LTP Spain’s growth within the area. Jorge Schnura will proceed to advise LTP Spain.
The partnership seeks to bridge the hole between conventional finance and digital belongings, fostering innovation whereas guaranteeing compliance with the most recent European regulatory requirements. By integrating LTP Spain’s native experience with LTP’s world infrastructure, the 2 corporations purpose to create a safer, clear, and environment friendly buying and selling setting for institutional buyers.
“This acquisition marks a big step in our mission to offer regulated, institutional-grade digital asset providers on a world scale. With LTP Spain’s MiCA-compliant adaptability and deep-rooted experience within the European market, we’re poised to ship unparalleled entry and liquidity to our institutional shoppers”, mentioned Jack Yang, Founder and CEO of LTP.
The acquisition underscores LTP’s dedication to regulatory compliance and innovation within the evolving digital asset panorama, reinforcing its place as a trusted prime brokerage accomplice for establishments navigating the complexities of digital finance.
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