SquaredFinancial taps Daniel Skowronski to launch digital asset platform in the US
SquaredFinancial plans to launch in the United States in the first quarter of 2022. Daniel Skowronski will be at the helm of the broker’s operation.
SquaredFinancial has announced its plans to expand into the United States, with the new operation being headed up by Daniel Skowronski, an industry expert with experience across derivatives, crypto, custody, and regulation.
The FX and CFD broker is also launching a new dedicated digital asset trading platform, which will complement the fintech firm’s wide product offering that includes futures, forex, energies, metals, indices, and stock CFDs, that can be traded through the popular MetaTrader 4 and MetaTrader 5 platforms.
Skowronski led Alpari, OANDA, DX Exchange
Cryptocurrencies, the new asset class available for trading on SquaredFinancial’s platform, continue to make headlines every day as the technology develops, government agencies improve proper regulatory frameworks, and users adopt them for investment and payment method.
“The financial industry is evolving and there will be no more room for the traditional institution if they can’t keep up with client necessities”, Philippe Ghanem, founder and executive chairman of SquaredFinancial, told City A.M. “Accessibility to crypto and multi asset platforms, combined with a banking service is exactly what clients are asking for.”
Currently, SquaredFinancial’s Crypto CFD offering includes Bitcoin Cash, Bitcoin, Ethereum, Litecoin, Ripple, Solana, Cardano, Polkadot, EOS, and Dogecoin, with USD and sometimes EUR as their counterpart.
SquaredFinancial plans to launch in the United States in the first quarter of 2022. Daniel Skowronski will be at the helm of the broker’s operation.
“The financial industry is evolving and there will be no more room for the traditional institution if they can’t keep up with client necessities. Accessibility to crypto and multi asset platforms, combined with a banking service is exactly what clients are asking for. A more inclusive approach which will make financial products available to all and facilitating financial freedom and choice”, Daniel Skowronski commented.
“Our ambitious expansion program was launched to bring together the best technology and people to deliver world-class, global service to meet clients’ evolving short and long-term investment needs.”
Daniel Skowronski is currently a Board Member at Fabriik, a digital asset ecosystem providing OTC crypto market making, an exchange marketplace and a qualified custody solution.
He was a co-founder of DX Exchange, a regulated crypto exchange in the European Union catering to retail and institutional clients. There, Skowronski created tokenized stocks such as Apple and Tesla, created a leverage token, advised regulatory bodies in various legal jurisdictions on crypto currency, and was a keynote speaker at the Bloomberg world crypto conference in London.
The firm was sold to Bayesian Group in 2020.
His long career includes the role of CEO and Managing Director of Europe and Americas at OANDA, and CEO of Alpari.
