GCEX, a regulated digital brokerage, has announced a partnership with Crossover Markets Group, Inc., a digital asset technology firm. This partnership will provide GCEX clients with access to Crossover’s execution-only crypto electronic communication network (ECN) – CrossX for spot cryptocurrency transactions.
Through this collaboration, GCEX will offer brokerage services and deep liquidity through its professional 24/7 service. This will be available to institutions through GCEX’s crypto-native platform, XplorSpot, or via API. The goal is to promote the adoption of digital assets among institutions and professional traders.
Lars Holst, Founder & CEO of GCEX, expressed excitement about the partnership and the opportunities it will bring. He also mentioned the increasing demand for digital assets and the need for deep liquidity.
Anthony Mazzarese, Co-Founder and Chief Commercial Officer of Crossover, also commented on the partnership. He highlighted Crossover’s focus on speed, throughput, and operational efficiency, which will help GCEX achieve tighter spreads and lower costs for their clients.
GCEX Group offers a range of solutions for institutional and professional clients, including access to deep liquidity in FX and CFDs on digital assets. Their technology solutions, known as XplorDigital, cover regulation, regulated custody solutions, staking solutions, safety of funds, and more.
Based in London, GCEX is regulated by the UK’s FCA and registered with the Danish FSA and the Dubai Virtual Assets Regulatory Authority. They have also received investments from True Global Ventures.
Founded in 2018, GCEX is a regulated digital prime brokerage that offers a best-of-breed digital asset and FX platform for institutional and professional clients. They have partnerships with Tier 1 trusted Liquidity Providers and regulated digital custody asset institutions. GCEX also offers a wide range of products and technology solutions, including White Labels.
Crossover Markets is a digital asset trading technology firm that focuses on meeting the unique liquidity requirements of institutions in the cryptocurrency markets. Their execution-only cryptocurrency Electronic Communication Network (ECN) – CROSSx – is powered by the industry’s fastest and most advanced matching engine. Led by a team with decades of experience in FX trading, prime brokerage technology, and artificial intelligence, Crossover is paving the way for institutions in the crypto market.