GFO-X announces ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial as partners ahead of launch in Q1 2025.
GFO-X is the UK’s regulated and centrally cleared trading venue dedicated to digital asset derivatives.
GFO-X has been working with these partners to deliver the requirements necessary to grow the institutional digital asset index futures and options market.
GFO-X provides a trading platform built for institutions, delivering investors a secure trading environment to “manage digital asset exposure.”
The company looks forward to announcing additional partnerships with FIs in the immediate future.
Arnab Sen, CEO and Co-Founder of GFO-X, called the support a clear endorsement of their vision to offer digital asset derivatives to institutional clients.
As noted in the update, GFO-X is the UK’s regulated and centrally cleared trading venue dedicated to digital asset derivatives.
Combining technology with partnerships and infrastructure, GFO-X delivers the requirements necessary to grow the “institutional digital asset derivatives market.”
GFO-X provides risk management for transactions in digital asset derivatives via clearing provided by LCH DigitalAssetClear.
Backed by M&G Investments and authorized by the UK Financial Conduct Authority (FCA) in 2022, GFO-X’s regulation-first approach has “enabled it to partner with some of the largest financial institutions in the world.”
GFO-X believes the digital asset futures and options markets will grow exponentially over the coming years as the “asset class matures and more sophisticated investors begin to participate in greater size.”
By solving market constraints such as counterparty risks and technology challenges, GFO-X delivers a market structure and products to “propel the next leg of growth of the digital asset ecosystem.”
ABN AMRO Clearing is recognized as a provider of integrated solutions in clearing, execution, custody, financing, and risk management.
With 11 offices globally, they are able to service clients on 160+ exchanges, MTFs and FX liquidity centers, processing “over 20 million trades daily.”
With over 1000 colleagues, and together with our partners and our clients, it is our responsibility to encourage and “support sensible and sustainable regulatory frameworks.”
