GCEX, a regulated digital brokerage that enables brokers, funds and professional traders to access deep liquidity, announced that it has partnered with Crossover Markets Group, Inc., a digital asset technology company focused on meeting the unique liquidity requirements of institutions.
Through this partnership, GCEX clients will have access to Crossover’s execution-only Electronic Crypto Communications Network (ECN) – CrossX – for the purpose of executing spot cryptocurrency trades.
GCEX said it will provide brokerage services for spot cryptocurrency trading and access to deep liquidity through its 24/7 professional service. The offering is tailored to institutions wishing to partner with a regulated brokerage either through GCEX’s crypto platform – XplorSpot – or via API, enabling further adoption of digital assets by institutions and professional traders.
Lars Holst, Founder and CEO of GCEX commented,
“With the growing demand for digital assets, we are pleased to partner 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 this partnership will bring.”
Commenting on this partnership, Anthony Mazzarese, Co-Founder and Chief Commercial Officer of Crossover added,
“We are excited to welcome GCEX to CROSSx ECN as the newest participant in our space. Crossover’s focus on speed, efficiency and operational efficiency will help GCEX achieve tighter spreads and lower costs for trading among its 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 spot trading and conversions of digital assets, and offers a wide range of Forex brokerage and crypto technology solutions – XplorDigital. XplorDigital includes the company’s plug-and-play solutions, ‘Crypto in a Box’ and ‘Broker in a Box’ and includes technology-agnostic platforms covering regulation, regulated custody solutions, staking solutions, capital security, level 1 and deep liquidity , connectivity with the largest price makers, advanced risk management and innovative technology partnerships.
Headquartered in London, with multiple offices around the world, GCEX is regulated by the UK FCA, registered with the Danish FSA as a VASP and forex and licensed to provide virtual asset services by the Dubai Virtual Assets Regulatory Authority . True Global Ventures are investors in GCEX.
About GCEX
Founded in 2018, GCEX is a pioneering regulated digital prime brokerage with a leading digital asset and FX platform for institutional and professional clients. GCEX has partnerships with trusted Tier 1 liquidity providers, leading counterparties and regulated digital custodian institutions. GCEX offers a wide range of products and technology solutions, including White Labels.
About Crossover purchases
Crossover Markets is a digital asset trading technology company focused on meeting the unique liquidity requirements of institutions in the cryptocurrency markets. CROSSx, the cryptocurrency execution-only Electronic Communication Network (ECN), is powered by the industry’s fastest and most advanced matching engine and includes ordering logic that allows clients to choose who they want to trade with. Led by a team with decades of FX trading, leading brokerage technology and AI experience, Crossover is ushering in the next big wave of institutions in the crypto market.