Crypto Firms Eye US Market as Regulation Eases

Caladan and Deribit, two prominent cryptocurrency firms, are making significant moves to expand into the United States, taking advantage of a shifting regulatory landscape. These companies are targeting the U.S. market as it offers a more favorable environment for digital asset businesses. Caladan’s new office in New York City is part of a strategic shift towards working with institutions and aligning with regulations. The firm aims to secure registration as a broker-dealer through FINRA, enabling them to offer regulated services and build relationships with U.S. financial regulators. Meanwhile, Deribit, the world’s leading crypto options exchange, also plans to expand its operations in the US market due to changing regulatory policies that favor digital assets.