GCEX (GCEX Group), a regulated digital brokerage that enables brokers, funds and professional traders to access deep liquidity has partnered with Crossover Markets Group, Inc., a digital asset technology firm focused on meeting the unique liquidity requirements of institutions.
Through this partnership, GCEX clients will have access to Crossover’s execution-only crypto electronic communication network (ECN) for the purposes of executing spot cryptocurrency transactions.
GCEX will provide brokerage services for spot cryptocurrency transactions and access to deep liquidity through its professional 24/7 service. The offering is tailored to institutions looking to partner with a regulated brokerage through either GCEX’s crypto-native platform - XplorSpot - or via API, enabling further adoption of digital assets across institutions and professional traders.
Lars Holst, Founder & CEO, GCEX commented, “With the increasing demand for digital assets, we are delighted to be partnering with Crossover, providing even greater opportunities for our institutional clients to access deep liquidity in digital assets. We are excited about the synergies and opportunities that this partnership will bring.”
Commenting on this partnership, Anthony Mazzarese, Co-Founder and Chief Commercial Officer, Crossover added, “We are excited to welcome GCEX to the CROSSx ECN as our newest venue participant. Crossover’s focus on speed, throughput and operational efficiency will help GCEX achieve tighter spreads and a lower cost to trade across their client base of institutional and professional investors, and this partnership will further enhance spot crypto liquidity.”
GCEX Group enables institutional and professional clients to access deep liquidity in FX and CFDs on digital assets, as well as digital assets spot trading and conversion, and offers a broad range of Forex brokerage and crypto-native technology solutions - XplorDigital. XplorDigital includes the firm’s plug-and-play solutions, ‘Crypto in a Box’ and ‘Broker in a Box’ and comprises of technology-agnostic platforms covering regulation, regulated custody solutions, staking solutions, safety of funds, tier 1 and deep liquidity, connectivity to the biggest price makers, advanced risk management, and innovative technology partnerships.
Headquartered in London, with multiple offices across the globe, GCEX is regulated by the UK’s FCA, registered with the Danish FSA as a VASP and currency exchange and has been granted a Virtual Asset Service Provider license by the Dubai Virtual Assets Regulatory Authority. True Global Ventures are investors in GCEX.
By on Mon, 12 Feb 2024 10:08:00 GMT
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