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Former JP Morgan and Dresdner Kleinwort Traders Launch Crypto Prop Firm After Paying Out USD2.5 Billion in Fintech

Velotrade offers traders prop accounts with crypto-only markets, AI-driven hedging, and fast stablecoin payouts, aiming to align incentives with trader success.

Summary by PR Newswire
/PRNewswire/ -- Velotrade, founded by former institutional derivatives traders from JP Morgan, Dresdner Kleinwort, and Bank of America, today announced the...

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Velotrade, founded by former institutional traders of JP Morgan, Dresdner Kleinwort and Bank of America, launched its prop trading platform focused exclusively on cryptocurrencies. The announcement was made from Hong Kong, where Velotrade Re Limited operates, an incorporated entity in November 2025. The firm offers funded accounts of between $5,000 and $200,000, with splits of competitive profits and payments processed within 24 hours at USDC or…

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Block Telegraph broke the news in on Friday, March 13, 2026.
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