A strategic
alliance announced today (Monday) between the digital brokerage GCEX Group and the electronic trading firm Crossover Markets aims to open new opportunities in the
cryptocurrency sector for both companies. The partnership will see GCEX
leverage Crossover’s institutional-grade electronic communication network
CROSSx to expand its offerings for professional investors seeking access to
deeper liquidity and tighter spreads in spot crypto markets.
For
Crossover, integrating with GCEX’s global client base represents a crucial next
step as it continues scaling up its digital asset prime brokerage
infrastructure.
GCEX Partners with
Crossover Markets for Institutional Cryptocurrency Liquidity
Through the
collaboration, GCEX will utilize Crossover’s electronic communication network
(ECN) CROSSx to enable its institutional and professional clients to execute
spot cryptocurrency transactions.
The
partnership aims to provide GCEX customers access to deeper liquidity in the
cryptocurrency spot markets via the brokerage’s digital asset offerings. These
include GCEX’s crypto trading platform XplorSpot and API connectivity.
Lars Holst, Founder & CEO, GCEX
“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,” commented Lars Holst, the Founder
& CEO of GCEX.
GCEX offers
regulated brokerage services for trading foreign exchange, contracts for
difference on digital assets, as well as spot trading and conversion of virtual
currencies. The company regulated in multiple jurisdictions including the UK,
Denmark and Dubai. The brokerage offers a range of prime brokerage solutions to
institutional investors globally.
Crossover
specializes in high-performance trading infrastructure and liquidity provision
for digital asset markets. Its ECN CROSSx processes over 1 billion crypto
quotes daily.
Anthony Mazzarese, the Co-Founder and Chief Commercial Officer at Crossover
“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,” added Anthony Mazzarese, the Co-Founder and
Chief Commercial Officer at Crossover.
Two months ago, GCEX introduced a new product, namely XplorSpot Lite. This platform allows crypto-fiat conversions on any device through an intuitive interface.
Another Crossover Markets’ Integration This Week
The
integration with GCEX represents the latest in a series of partnerships for
Crossover as it continues expanding institutional access to its liquidity
network. Last week,
Finance Magnates informed, that the company collaborated with Ouinex for crypto
market advancements. Similar to GCEX, the crypto trading platform integrated Crossover
Markets’ CROSSx.
“By partnering with Crossover Markets and harnessing their state-of-the-art technology, we are propelling ourselves forward in delivering a unique and exceptional trading experience to our clients,” Ilies Larbi, the CEO of Ouinex, expressed enthusiasm regarding the partnership.
🌐 Exciting News from Ouinex!We’re thrilled to announce our strategic partnership with @crossover_mkts , integrating the innovative CROSSx ECN technology to revolutionize your trading experience.
This collaboration marks a significant milestone in the crypto industry, setting a… pic.twitter.com/En1Waep5wQ
— Ouinex (@ouinex) February 6, 2024
Recently,
Ouinex gained Virtual Asset Service Provider (VASP) registration from the
Polish Financial Supervision Authority (KNF). As Finance Magnates exclusively reported,
the KNF’s VASP license was the company’s first obtained authorization.
“The VASP
registration in Poland is a great achievement and a first step in Europe for
us, as we anticipate the implementation of the European Regulation on Crypto
Assets (MiCA) at the end of 2024,” said Larbi.
GCEX also received a VASP license a few months ago, not in Poland, but in Dubai, granted by the local VARA.
A strategic
alliance announced today (Monday) between the digital brokerage GCEX Group and the electronic trading firm Crossover Markets aims to open new opportunities in the
cryptocurrency sector for both companies. The partnership will see GCEX
leverage Crossover’s institutional-grade electronic communication network
CROSSx to expand its offerings for professional investors seeking access to
deeper liquidity and tighter spreads in spot crypto markets.
For
Crossover, integrating with GCEX’s global client base represents a crucial next
step as it continues scaling up its digital asset prime brokerage
infrastructure.
GCEX Partners with
Crossover Markets for Institutional Cryptocurrency Liquidity
Through the
collaboration, GCEX will utilize Crossover’s electronic communication network
(ECN) CROSSx to enable its institutional and professional clients to execute
spot cryptocurrency transactions.
The
partnership aims to provide GCEX customers access to deeper liquidity in the
cryptocurrency spot markets via the brokerage’s digital asset offerings. These
include GCEX’s crypto trading platform XplorSpot and API connectivity.
Lars Holst, Founder & CEO, GCEX
“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,” commented Lars Holst, the Founder
& CEO of GCEX.
GCEX offers
regulated brokerage services for trading foreign exchange, contracts for
difference on digital assets, as well as spot trading and conversion of virtual
currencies. The company regulated in multiple jurisdictions including the UK,
Denmark and Dubai. The brokerage offers a range of prime brokerage solutions to
institutional investors globally.
Crossover
specializes in high-performance trading infrastructure and liquidity provision
for digital asset markets. Its ECN CROSSx processes over 1 billion crypto
quotes daily.
Anthony Mazzarese, the Co-Founder and Chief Commercial Officer at Crossover
“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,” added Anthony Mazzarese, the Co-Founder and
Chief Commercial Officer at Crossover.
Two months ago, GCEX introduced a new product, namely XplorSpot Lite. This platform allows crypto-fiat conversions on any device through an intuitive interface.
Another Crossover Markets’ Integration This Week
The
integration with GCEX represents the latest in a series of partnerships for
Crossover as it continues expanding institutional access to its liquidity
network. Last week,
Finance Magnates informed, that the company collaborated with Ouinex for crypto
market advancements. Similar to GCEX, the crypto trading platform integrated Crossover
Markets’ CROSSx.
“By partnering with Crossover Markets and harnessing their state-of-the-art technology, we are propelling ourselves forward in delivering a unique and exceptional trading experience to our clients,” Ilies Larbi, the CEO of Ouinex, expressed enthusiasm regarding the partnership.
🌐 Exciting News from Ouinex!We’re thrilled to announce our strategic partnership with @crossover_mkts , integrating the innovative CROSSx ECN technology to revolutionize your trading experience.
This collaboration marks a significant milestone in the crypto industry, setting a… pic.twitter.com/En1Waep5wQ
— Ouinex (@ouinex) February 6, 2024
Recently,
Ouinex gained Virtual Asset Service Provider (VASP) registration from the
Polish Financial Supervision Authority (KNF). As Finance Magnates exclusively reported,
the KNF’s VASP license was the company’s first obtained authorization.
“The VASP
registration in Poland is a great achievement and a first step in Europe for
us, as we anticipate the implementation of the European Regulation on Crypto
Assets (MiCA) at the end of 2024,” said Larbi.
GCEX also received a VASP license a few months ago, not in Poland, but in Dubai, granted by the local VARA.