GFO-X is licensed by the UK’s Financial Conduct Authority for global institutional investors to trade digital asset futures and options that will be cleared at the London Stock Exchange Group’s Paris clearing arm LCH SA.
Elevate Your Tech Prowess with High-Value Skill Courses
| Offering College | Course | Website |
|---|---|---|
| IIT Delhi | IITD Certificate Programme in Data Science & Machine Learning | Visit |
| IIM Kozhikode | IIMK Senior Management Programme | Visit |
| Indian School of Business | ISB Professional Certificate in Product Management | Visit |
M&G Investments, which provided most of the latest $30 million funding, is part of M&G Plc, and will have a seat on the board of GFO-X Holdings.
“The strategic investment will fund GFO-X through its forthcoming launch and support future innovation in the regulated digital asset sector, enhancing trust and credibility in the market,” GFO-X said in a statement.
M&G portfolio manager Jeremy Punnett said the lack of regulated trading venues is materially hampering the growth of the crypto derivatives trading market.
“The UK has the potential to become a global hub for crypto asset technology and investment, making London an excellent destination for GFO-X’s new global trading exchange,” Punnett said.
Discover the stories of your interest
LSEG’s LCH SA clearing arm in Paris said it will provide a regulated marketplace for bitcoin index futures and options.
