QCP Trading granted major payment institution licence in Singapore

It can now offer spot DPT trading services to institutional clients.

QCP Trading Pte. Ltd. has been granted a major payment institution licence by the Monetary Authority of Singapore (MAS).

With this, QCP Trading is now licensed to offer spot digital payment tokens (DPT) trading services to institutional clients, according to an announcement on 1 September 2025.

QCP Trading’s offered services include on/off ramping, seamless API integration, and personalized voice trading channels, ensuring a smooth and tailored trading experience with quick settlement times.

QCP Trading is the over the counter (OTC) spot DPT trading arm of QCP Group, a digital asset solutions provider. It was established in 2017, with its headquarters in Singapore and office in Abu Dhabi.