The regulated crypto derivatives platform GFO-X officially launched operations in the UK

ChainCatcher news, according to Decrypt, the cryptocurrency derivatives trading platform GFO-X, authorized by the UK's Financial Conduct Authority (FCA), has officially launched in the UK, offering centrally cleared Bitcoin futures and options trading services. The platform aims to meet the demand of 90% of institutional investors who are currently unable to participate in the digital asset space due to regulatory or market structure issues.

GFO-X CEO Arnab Sen revealed that dozens of top-tier institutions and banks, including Nomura Securities, are in the onboarding process, and the platform has completed its first institutional trade between Virtu Financial and IMC.