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Digital asset firm opens five offices following approvals in Singapore, Abu Dhabi, as institutional demand grows.Digital asset firm opens five offices following approvals in Singapore, Abu Dhabi, as institutional demand grows.

Singapore's QCP Expands Globally With 50% Headcount Jump

Author: Blockhead

Source: Blockhead

2025/11/27 13:30

2 min read

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Singapore's QCP Expands Globally With 50% Headcount Jump

Singapore-based digital asset trading firm QCP Group has expanded its workforce by 50% year-over-year to 157 employees globally while opening new offices across five cities, after securing regulatory licenses in Singapore and Abu Dhabi, the company announced Wednesday.

The firm has established new locations in New York, Abu Dhabi, Kuala Lumpur, and Ho Chi Minh City, while expanding its Singapore headquarters to larger premises at Prudential Tower. QCP now employs 119 people in Singapore, with the remainder spread across its global offices, the firm said.

The expansion is supported by regulatory approvals in two key jurisdictions: a Major Payment Institution license from the Monetary Authority of Singapore and a Financial Services Permission from Abu Dhabi Global Market. The licenses enable QCP to offer regulated spot trading, derivatives, and structured products to institutional clients around the clock.

QCP said its licensed presence in Singapore and Abu Dhabi provides clients with regulatory certainty and compliance safeguards in jurisdictions with established digital asset frameworks.

"Institutions want a partner with deep market expertise, full-spectrum execution and regulatory integrity in the hubs that matter," said Darius Sit, QCP's founder. "With licensed operations in Singapore and Abu Dhabi and on-the-ground coverage in New York and London, we're meeting clients where they are."

QCP serves institutional clients including Nasdaq and firms backed by BlackRock, such as tokenization platform Securitize. The firm provides liquidity access, risk management, and yield strategies for global funds, corporates, and family offices.

CEO Melvin Deng said the strategy combines regulated market access with trading infrastructure, allowing the firm to serve clients under Singapore's and ADGM's regulatory frameworks while offering 24/7 coverage across spot, options, and structured products.

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