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The digital asset trading company QCP is expanding globally with a 50% increase in staff.
QCP Group, a digital asset trading company based in Singapore, has increased its workforce by 50% to 157 people and expanded its presence in five cities after receiving management licenses in Singapore and Abu Dhabi. The company has opened new offices in New York, Abu Dhabi, Kuala Lumpur, and Ho Chi Minh City, while also expanding its headquarters in Singapore. Currently, QCP has 119 employees in Singapore, with the remainder distributed globally.
The expansion is supported by the MAS Major Payment Institution License and the ADGM Financial Services License, allowing the company to provide spot, derivative, and structured products trading 24/7 for institutional clients.
QCP stated that licensed operations at two major centers provide legal certainty for clients. The company serves organizations such as Nasdaq and Securitize, offering liquidity, risk management, and yield strategies. QCP's strategy combines trading infrastructure and regulatory compliance to serve global clients.