LTP Expands Its European Footprint with Acquisition of Turing Capital Brokerage
LTP's Strategic Move into Europe with Turing Capital
As the digital landscape continues to evolve, LTP, a prominent player in institutional prime brokerage for digital assets, has made headlines with its recent acquisition of Turing Capital Brokerage in Spain. This strategic venture marks a pivotal expansion for LTP into European markets, a step that not only bolsters its position but also enhances regulatory compliance in the ever-changing world of cryptocurrency and digital asset services.
A Major Acquisition
On March 20, 2025, LTP announced its complete acquisition of Turing Capital Brokerage (TCB), a company regulated by the Bank of Spain under the Markets in Crypto-Assets (MiCA) licensing framework. This move not only allows LTP to tap into the burgeoning European market but also offers a fully compliant platform for users navigating the complex world of cryptocurrencies. TCB was founded by seasoned entrepreneurs with a deep understanding of the digital assets landscape, including Jorge Schnura and Javier Garay, who are well-respected figures in the crypto investment community.
The MiCA framework provides a regulatory structure that ensures safety and compliance for crypto-assets, issuers, and service providers across the European Union, making this acquisition particularly significant as institutions seek reliable partners in an increasingly regulated environment.
Expanding Service Offerings
With this acquisition, LTP aims to significantly enhance its service offerings to institutional clients by delivering seamless access to digital asset markets while adhering to strict regulatory guidelines. TCB will now be rebranded as Liquidity Technology S.L (LTP Spain), leveraging LTP's extensive technological infrastructure and expansive liquidity network to improve execution efficiencies and broaden service capabilities throughout Europe.
Leopoldo Moreno de la Cova Ybarra, formerly associated with TCB, will lead the newly rebranded entity. His wealth of experience and insights into the European digital asset market will be crucial to the integration process and the overall expansion strategy.
Bridging Traditional and Digital Finance
This partnership not only aims to enhance the technical aspects of LTP’s operations but also endeavors to bridge the gap between traditional finance and digital assets. By leveraging both LTP's global reach and TCB's local expertise, the alliance aims to foster innovation within the financial sector while ensuring compliance with the latest European regulations. This sophisticated collaboration intends to create a more secure, transparent, and efficient trading environment for institutional investors.
In discussing the future potential of this acquisition, Jack Yang, the Founder and CEO of LTP, shared his vision: “This acquisition 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.”
LTP's proactive approach to regulatory compliance and innovation will further solidify its stance as a trusted partner for institutions navigating the complexities of digital finance. The integration of TCB into LTP's global infrastructure positions the company for notable growth in a market ripe for disruption and evolution.
Conclusion
In summary, LTP's acquisition of Turing Capital Brokerage is a strategic move expected to redefine its presence in Europe while enhancing its ability to provide compliant and innovative digital asset services. The merger reflects a significant moment for the financial industries, illustrating the necessity for institutions to adapt and evolve amidst regulatory changes and market demands. With strong leadership and a commitment to efficient and transparent operations, LTP is set to emerge as a leader in the European digital assets market.