QCP strengthens institutional crypto trading presence across key hubs
Singapore-based trading firm QCP has boosted headcount by 50% to 157, opened offices in five cities, and secured key licenses in Singapore and Abu Dhabi to scale regulated 24/7 institutional crypto trading.
- QCP has grown its workforce by 50% year-over-year to 157 employees and expanded its Singapore HQ at Prudential Tower.​
- The firm opened new offices in New York, Abu Dhabi, Kuala Lumpur, Ho Chi Minh City, and broadened coverage in London.​
- QCP secured a Major Payment Institution license from MAS and a Financial Services Permission from ADGM, enabling regulated spot, derivatives, and structured products for institutional clients like Nasdaq and Securitize-backed entities.
QCP Group, a Singapore-based digital asset trading firm, has increased its workforce by 50% year-over-year to 157 employees globally and opened new offices across five cities, the company announced Wednesday.
The firm has established new locations in New York, Abu Dhabi, Kuala Lumpur, and Ho Chi Minh City, while expanding its Singapore headquarters to larger premises at Prudential Tower, according to the announcement. QCP currently employs 119 people in Singapore, with the remainder distributed across its global offices.
QCP expands global outreach
The expansion follows regulatory approvals in two jurisdictions: a Major Payment Institution license from the Monetary Authority of Singapore and a Financial Services Permission from Abu Dhabi Global Market, the company stated. The licenses permit QCP to offer regulated spot trading, derivatives, and structured products to institutional clients on a 24-hour basis.
“Institutions want a partner with deep market expertise, full-spectrum execution and regulatory integrity in the hubs that matter,” said Darius Sit, QCP’s founder, in the announcement. “With licensed operations in Singapore and Abu Dhabi and on-the-ground coverage in New York and London, we’re meeting clients where they are.”
QCP serves institutional clients including Nasdaq and firms backed by BlackRock, such as tokenization platform Securitize, according to the company. The firm provides liquidity access, risk management, and yield strategies for global funds, corporates, and family offices.
CEO Melvin Deng said the strategy combines regulated market access with trading infrastructure, enabling the firm to serve clients under Singapore’s and ADGM’s regulatory frameworks while offering round-the-clock coverage across spot, options, and structured products.
