just now
October 05, 2023 - Jason Nabi has joined digital prime brokerage firm GCEX as Strategic Business Development Consultant. Based in the UK, he will focus on driving growth from institutional and professional clients.
Nabi brings extensive senior leadership experience across institutional capital markets, digital assets, and digital financial market infrastructure (dFMI). He has a proven track record in scaling businesses and growing digital asset adoption while prioritizing investor protection and market integrity.
Nabi has held leadership roles at TradFi and digital asset companies including most recently as Chief Revenue Officer at Bosonic, but also senior roles at Paxos, BNP Paribas, HSBC, Bloomberg, and IBM. He has focused on growth, expansion, and industry advocacy. He also serves on the board at ISSA (International Securities Services Association) and is a member of the Operating Committee of the Global Blockchain Business Council.
At GCEX, Nabi will focus on expanding GCEX’s presence and capabilities in the UK and globally. He will work closely with GCEX CEO Lars Holst on digital asset growth strategy and partnerships.
GCEX CEO Lars Holst said, "“Jason is very well known and widely respected in our industry, and it is a significant endorsement that he has chosen to join our team. His insight, network, and breadth and depth of experience within banks and fintechs will be a huge asset to GCEX. I am looking forward to working with him to drive our ambitious growth plans forward, both in the UK and beyond."
Jason Nabi added, "GCEX is a well-funded, well-managed, regulated firm which is ready for scaling, and Lars is an outstanding CEO/founder with a tremendous track record in the industry. With a focus on integrity from the outset, GCEX has successfully grown by creating solid foundations, developing robust technology and collaborating with reputable partners, including regulated custodians. I am looking forward to playing a major role in GCEX’s next growth chapter."
Last week GCEX Holdings reported an impressive 230% increase in turnover between Year End 2021 and 2022, from £1,586.350 to £5,215,820. The Group achieved a 93% growth in net profit before tax of £1.35 million compared to the previous year £0.7 million. In its financial statement, the Group said that “The Group's results reflected the increase market acceptance of digital assets, as well as higher trading activity due to market volatility.” The company plans to continue to invest in its trading platform technology.
Earlier this year GCEX launched a suite of technology products under the name XplorDigital, including 2 new trading platforms XplorSpot and XplorTrader to help brokers, fund managers, hedge funds and professional traders operate more efficiently. These platforms can be taken as a White Label. The company now also offers 'Xplor Broker in a Box', a full suite of technology with front-end platforms, back-office administration and trading tools across asset classes. Last week the company announced enhancements to its XplorRisk risk management product allowing brokers greater management of their client's trading of FX Spot, Metals and Digital Assets.
GCEX Group enables institutional and professional clients to access deep liquidity in FX and CFDs on digital assets, as well as digital assets spot trading and conversion, and offers a broad range of Forex brokerage and crypto-native technology solutions – XplorDigital. XplorDigital includes the firm’s plug-and-play solutions, ‘Crypto in a Box’ and ‘Broker in a Box’ and comprises of technology-agnostic platforms covering regulation, regulated custody solutions, staking solutions, safety of funds, tier 1 and deep liquidity, connectivity to the biggest price makers, advanced risk management, and innovative technology partnerships.
Headquartered in London, with multiple offices across the globe, GCEX is regulated by the UK’s FCA, registered with the Danish FSA as a VASP and currency exchange and has been granted a Virtual Asset Service Provider License for the MVP phase by the Dubai Virtual Assets Regulatory Authority. True Global Ventures are investors in GCEX.
