The filing is tied to CEO Oliver Gruhn, who co-founded Swiss tokenization firm Digital Assets AG, later acquired by FTX Group and folded into FTX Europe, which he led before its November 2022 collapse. He said the U.S. expansion lets the team further use its platform and expertise. The company already supplies trading technology to Cyprus-based Perpetual Markets MTF, licensed under MiFID II and authorized under MiCA in August. It reported $65.2 million in total assets at April's end and a $17.6 million net loss for its fiscal year.

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