MADRID, March 20, 2025 /PRNewswire/ — LTP, a number one institutional prime brokerage specializing in digital asset markets, at the moment 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 supplies a regulatory framework for crypto-assets, issuers, and repair suppliers throughout the European Union.
TCB is a subsidiary of Turing Capital, a digital property 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 permits LTP to develop its presence to the European market whereas providing totally 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 develop its service choices, offering institutional purchasers 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 expertise infrastructure, deep liquidity community, and international shopper base. The collaboration will enable LTP Spain to scale its operations, enhance execution effectivity, and broaden its service capabilities to institutional purchasers throughout Europe and past.
As a part of the acquisition, Leopoldo Moreno de la Cova Ybarra, will assume the function of Head of LTP Spain. His management and deep information of the European digital asset market might 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 property, fostering innovation whereas making certain compliance with the newest European regulatory requirements. By integrating LTP Spain’s native experience with LTP’s international infrastructure, the 2 companies goal to create a safer, clear, and environment friendly buying and selling setting for institutional buyers.
“This acquisition marks a major step in our mission to supply 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 purchasers”, 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 associate for establishments navigating the complexities of digital finance.
