GCEX Partners With Crossover Markets For Enhanced Crypto ECN Access

February 12, 2024 - GCEX Group, a digital brokerage providing access to deep liquidity for brokers, funds, and professional traders, has announced a strategic collaboration with Crossover Markets Group, Inc., a technology company specializing in institutional liquidity solutions for digital assets. This partnership will grant GCEX clients entry to Crossover's execution-only crypto electronic communication network (ECN), specifically for spot cryptocurrency transactions.

GCEX will extend its brokerage services for spot cryptocurrency transactions, bolstered by 24/7 professional support and deep liquidity. The service, designed for institutions, can be accessed through GCEX's crypto-native platform, XplorSpot, or through an API,  enabling wider digital asset adoption among institutions and professional traders.

Lars Holst, Founder & CEO of GCEX

Lars Holst, Founder & CEO of GCEX, commented on the partnership with Crossover, “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. We are excited about the synergies and opportunities that this partnership will bring.”

Anthony Mazzarese, Co-Founder and Chief Commercial Officer of Crossover

Anthony Mazzarese, Co-Founder and Chief Commercial Officer of Crossover, also commented on the new venture, stating, “We are excited to welcome GCEX to the CROSSx ECN as our newest venue participant. 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.”

GCEX Group caters to institutional and professional clients, offering deep liquidity in FX and CFDs on digital assets, spot trading and conversion of digital assets, and an array of Forex brokerage and crypto-native technology solutions under its XplorDigital suite. This suite includes plug-and-play solutions such as ‘Crypto in a Box’ and ‘Broker in a Box’, encompassing regulation-compliant platforms, custody, staking solutions, fund safety, top-tier liquidity, connections to leading price makers, advanced risk management, and tech partnerships.

GCEX, headquartered in London and regulated by the UK's FCA, is also registered with the Danish FSA and holds a Virtual Asset Service Provider license from the Dubai Virtual Assets Regulatory Authority. The company enjoys backing from the investment firm True Global Ventures.