Asia Trading Firm Caladan Targets US Market Amid Trump’s Pro-Crypto Pivot
Caladan, a prominent crypto trading firm, is making strategic moves to establish a presence in the U.S. market. The company plans to open a representative office in New York City, allocating at least 5% of its global workforce to this expansion. This initiative aligns with the Trump administration’s recent pro-crypto stance, which has rolled back stringent enforcement and endorsed favorable legislation.
The firm is actively exploring broker-dealer registration and FINRA membership, aiming to forge institutional partnerships and engage directly with U.S. regulators. Caladan’s entry into the U.S. market reflects a broader trend of institutional players capitalizing on the evolving regulatory landscape.