Get Custom Quotes, Info & More from Multiple Providers At Once.
July 6, 2022

GCEX Appoints Mehtap Önder as Managing Director, Opens GCEX MENA With New Dubai Office

July 06, 2022 - Digital brokerage, GCEX is expanding into the MENA region with the opening of a Dubai office and the appointment of former Regional Director of CFH Turkey (now Finalto), Mehtap Önder as Managing Director, GCEX MENA.

GCEX’s launch in Dubai follows on from the firm being granted provisional regulatory approval by the Virtual Assets Regulatory Authority in Dubai (VARA) in April 2022 to operate as a crypto exchange. The firm is now in the process of applying for a license, in accordance with VARA requirements.

This follows GCEX’s announcement in June 2022 of its regulatory approval by the FSA in Denmark as a Virtual Asset Service Provider (VASP) and a Currency Exchange. The firm is also regulated by the UK’s FCA.

GCEX enables brokers, funds and professional traders to access deep liquidity in digital assets and also offers a range of technology solutions. Its modular ‘Crypto In A Box‘ plug and play trading solution comprises of a technology-agnostic platform which covers regulation, custody, safety of funds, liquidity and technology (both backend and frontend).

Dubai has made great strides towards establishing itself as a hub for the Virtual Asset (VA) industry. As the first and only jurisdiction globally to set-up a specialist regulator dedicated to the Virtual Asset economy, Dubai’s VARA has been actively developing progressive parameters to enable a highly selective list of global participants establish themselves in their regime for the initial phase.

Lars Holst, Founder & CEO, GCEX commented, “Extending our crypto offering to the MENA region is a major milestone for the business. Receiving provisional regulatory approval from VARA in Dubai adds significant credibility to our offering and puts us in a strong position to become a dominant crypto exchange for institutional and professional clients in the region.”

“I am thrilled that Mehtap is joining GCEX to spearhead our growth across MENA. Having worked with her for almost eight years at CFH (now Finalto), I know she will be a huge asset to the firm. She has strong business acumen, excellent industry knowledge and a proven track record in building strong client and team relationships. Mehtap has lived in Dubai for the last four years, has a great network of institutional clients and a deep understanding of the regulatory and client requirements in the region.”

Mehtap Önder has over 15 years’ experience in the financial services sector. She spent eight years at CFH (now Finalto), a global Prime of Prime which was co-founded by Lars Holst, taking it from a start-up to 120M USD exit. At CFH, Mehtap was Regional Director, Turkey for five years and, prior to that, was the firm’s Head of Legal Onboarding. She joins GCEX from Waystone Compliance Solutions, a Dubai-based consultancy firm specialising in Compliance, Risk and Governance.

In her new role, Mehtap Önder will be responsible for all operational aspects of the business in the MENA region. She said, “I am delighted to have been given this opportunity to join a thriving business. What GCEX has achieved to date in a relatively short space of time is exceptional. The business will be regulated in three jurisdictions, has secured investment from TGV4 Plus, has a rapidly growing global client base and offices in London, Copenhagen, Glasgow, Kuala Lumpur and Dubai.”

“From working closely with Lars at CFH (now Finalto), I have witnessed first-hand his ability to grow a global business. I am excited to be joining his team and working closely with him to scale GCEX across the MENA region. Dubai is at the forefront of the crypto market so this is an ideal location for GCEX to be based in. Our presence in the VARA ecosystem will be key to attracting institutional and professional clients, highlighting our focus on investor protection.”

Require Some Guidance in Finding The Right Provider?

Let One of Our Experts Help!

Use the LiquidityFinder Match Matrix to find the right provider for your electrionic trading business!

Get Started


LiquidityFinder was created to take the friction out of the process of sourcing Business to Business (B2B) liquidity; to become the central reference point for liquidity in OTC electronic markets, and the means to access them. Our mission is to provide streamlined modern solutions and share valuable insight and knowledge that benefit our users.

If you would like to contribute to our website or wish to contact us, please click here or you can email us directly at

Be First To Comment.
Featured News on LiquidityFinder
Latest News on LiquidityFinder

To personalize content, provide a optimal experience, tailor and measure engagement; the browsing, navigating and the continous use of this website means you agree to the Terms of Service, Privacy Policy & Security Policy of this website. Your choices on this website will be applied globally throughout the website.

LiquidityFinder & Our Partners

Your behavior, data and actions may be utilized to offer you optimal connections and services by approved and suitable providers fitting your account requirements and website actions. When contacting providers or initiating a provider request, match matrix or expert match review we may share necessary data to evaluate your compatability with our connected partners and suitable providers.