ARTA taps GFO-X to bring Asian client base to GFO-X’s UK FCA-regulated crypto derivatives venue
“GFO-X is regulated in the UK but has strong roots in Asia with our significant presence and heritage in Hong Kong. We see great potential in the growth and appetite for regulated digital asset derivative products in Asia.”
Arta TechFin Corporation Limited and Global Futures and Options Limited, also known as GFO-X, has ) have signed a Memorandum of Understanding to create new and innovative digital asset derivative products tailored for both an Asian and UK/European customer base.
GFO-X provides a UK FCA-regulated and centrally cleared trading venue dedicated to digital asset derivatives that will align itself with ARTA’s Asian-based client flow via regulated, cash-settled, derivatives solutions.
The partnership brings together a regulated institutional platform seeded with global liquidity and solves the key gap between Asian and US trading hours, resolving client’s pain points and expediting institutional and family office’s adoption of digital assets in both regions.
ARTA and GFO-X were already working together ever since the former invested in the latter in 2022, alongside other institutional investors and family offices.
“GFO-X is regulated in the UK but has strong roots in Asia”
Arnab Sen, CEO of GFO-X said: “We are delighted to announce this collaboration with ARTA. We look forward to working together to leverage each other’s geographical expertise to enhance our service offering to a significant and differentiated Asian customer base. GFO-X is regulated in the UK but has strong roots in Asia with our significant presence and heritage in Hong Kong. We see great potential in the growth and appetite for regulated digital asset derivative products in Asia.”
Eddie Lau, CEO of ARTA, commented: “We are excited to partner with GFO-X in creating innovative digital asset solutions and offering the best global products to our clients. We bridge the gap between Asian and European flows and enable clients to take advantage of structural trading opportunities. Furthermore, our strategic investment in GFO-X shows our commitment in building up regulated digital asset ecosystem with leading global players.”
GFO-X operates as a Multilateral Trading Facility (MTF) regulated by the UK FCA, partnered with LSEG’s clearing house LCH, solving for counterparty and credit risk.
