GCEX sees Revenues up 64% in 2024 to £3.8M driven by Crypto CFDs trading
The revenue growth at GCEX was largely driven by a 315% increase in the volume of crypto CFDs.
The revenue growth at GCEX was largely driven by a 315% increase in the volume of crypto CFDs.
GCEX describes XplorAllocate as a smarter way for fund managers to trade and allocate at scale.
GCEX institutional clients will be able to access Fireblocks’ digital asset platform and custody solutions.
Open API enables clients to integrate directly with the GCEX Back Office, streamlining portfolio management and regulatory reporting.
GCEX will leverage Hex Trust’s institutional-grade custody platform to deliver a Secured Account service for EU and UK clients.
Designed specifically for institutional clients, this offering is accessible through GCEX’s crypto-native platform – XplorSpot.
The GCEX UK entity reported a loss before tax of £387,429 but said it remained committed to its growth objectives.
Ignacio Corral spent over five years as Senior Associate at the FCA in Crypto Assets Authorisation and Investment Banking Supervision.
GCEX clients will have access to Crossover’s execution-only crypto ECN CrossX for executing spot cryptocurrency transactions.
XplorSpot Lite can also access the full version of XplorSpot, GCEX’s crypto-native platform.