GCEX joins Crossover’s ECN for deeper digital asset liquidity

Rick Steves

“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.”

Digital prime brokerage GCEX Group has announced a partnership with Crossover Markets Group, Inc., a digital asset technology company dedicated to fulfilling the distinct liquidity needs of institutional clients.

This collaboration marks a significant milestone in the digital asset space, as GCEX clients will now have the opportunity to utilize Crossover’s specialized execution-only crypto electronic communication network (ECN) for spot cryptocurrency transactions.

GCEX’s crypto prime brokerage via XplorSpot or API

GCEX is set to offer its institutional and professional clients brokerage services for spot cryptocurrency transactions, enhancing access to deep liquidity around the clock through its professional service.

The services are designed to cater to institutions seeking to engage with a regulated brokerage for digital asset trading, available through GCEX’s crypto-native platform, XplorSpot, or via API. This move is aimed at fostering wider adoption of digital assets among institutional and professional traders.

GCEX regulated in the UK, Denmark, and Dubai

GCEX Group is renowned for enabling access to deep liquidity in FX and CFDs on digital assets, in addition to spot trading and conversion for digital assets. The company offers a comprehensive range of Forex brokerage and crypto-native technology solutions under XplorDigital, which includes innovative technology partnerships and a suite of technology-agnostic platforms addressing regulation, custody, staking, liquidity, risk management, and more.

With its headquarters in London and multiple offices globally, GCEX is regulated by the UK’s Financial Conduct Authority (FCA), registered with the Danish FSA as a VASP and currency exchange, and holds a Virtual Asset Service Provider license by the Dubai Virtual Assets Regulatory Authority, backed by investors such as True Global Ventures.

“Tighter spreads and a lower cost to trade”

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.”

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.”

 

 

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