[PRESS RELEASE – Johannesburg, South Africa, October 20th, 2025]
VALR, the biggest crypto change in South Africa by commerce quantity, has been granted an Over-The-Counter Derivatives Supplier (ODP) license in addition to an extra Monetary Companies Supplier (FSP) License by South Africa’s Monetary Sector Conduct Authority (FSCA). This approval, positions VALR as one of many first entities in South Africa to supply these classes for crypto belongings.
The ODP license allows VALR to offer a spread of over-the-counter derivatives, together with Contracts for Distinction (CFDs) with underlying belongings similar to crypto belongings, currencies, commodities, shares, and indices; Quarterly and Perpetual Futures Contracts with crypto belongings because the underlying; Choices, Forwards, and Swaps, all with crypto belongings because the underlying. This marks one of many first events in South Africa {that a} monetary service supplier is licensed to supply these merchandise with crypto belongings because the underlying. The extra FSP licensing permits VALR to increase its choices to conventional monetary merchandise, together with deposits, shares, bonds, and securities.
This improvement follows VALR’s earlier achievement in April 2024, when it turned one of many first crypto asset service suppliers (CASPs) in South Africa to obtain each Class I and Class II licenses from the FSCA.
Farzam Ehsani, Co-Founder and CEO of VALR, commented: “This ODP license represents a crucial step in integrating crypto belongings with established monetary devices, permitting us to ship safe and compliant merchandise to our shoppers. It underscores our dedication to regulatory excellence and operational integrity and we’re very enthusiastic about introducing an increasing number of merchandise that serve our customers.”
For South Africa, this license advances the nation’s regulatory framework for digital belongings, fostering higher monetary inclusion and innovation in a market the place crypto adoption is quickly rising. It positions South Africa as a pioneer in Africa for regulated crypto derivatives.
From a broader crypto business perspective, the approval highlights the maturing integration of crypto with conventional finance, enabling extra subtle threat administration and buying and selling methods. This reduces obstacles for institutional and retail members, selling wider adoption and optionality in international markets.
About VALR
Based in 2018 and headquartered in Johannesburg, VALR is a world crypto change backed by main buyers together with Pantera Capital, Coinbase Ventures, and Constancy’s F-Prime. VALR presents a complete suite of merchandise, together with Spot Buying and selling, Spot Margin, Perpetual Futures, Staking, Lending, Borrowing, OTC companies, VALR Make investments, and VALR Pay. Licensed by South Africa’s FSCA and with regulatory approval in Europe, VALR serves over 1.6 million customers and 1,800 company and institutional shoppers worldwide. The change is devoted to advancing a simply monetary future. For extra data, go to valr.com.
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