Asian cryptocurrency trading company Caladan enters the U.S. market, Trump's policy shift attracts institutional inflow
ChainCatcher news, according to Decrypt, Asian crypto trading company Caladan announced that it will establish a representative office in New York, planning to allocate at least 5% of its global workforce to expand into the U.S. market and seek broker registration and membership with the Financial Industry Regulatory Authority (FINRA). The company has formed a three-person team led by Gian-Paul Caccia, including former employees from institutions such as Coinbase, BlackRock, and Bank of America, focusing on promoting institutional partnerships and compliance strategies.This move comes as the Trump administration adjusts the crypto regulatory framework, including appointing a pro-crypto SEC chairman, withdrawing multiple lawsuits, and supporting the GENIUS Act among other policies. The crypto lending platform Nexo, which previously exited the U.S. market, also announced its return last month, citing an improved policy environment. Trump's recent launch of the meme coin TRUMP on Solana has sparked political controversy, but his team continues to push for stablecoin legislation and industry dialogue.