Regulated Crypto Derivatives Platform GFO-X Launches in the UK
GFO-X has launched a regulated trading platform for centrally cleared Bitcoin futures and options in the U.K., authorized by the Financial Conduct Authority. The platform aims to meet growing demand from institutional investors, including hedge funds. CEO Arnab Sen highlighted the evolving regulatory environment in the U.K. as beneficial for institutional participation in crypto. GFO-X seeks to bridge traditional finance and digital assets, enhancing capital efficiency and compliance. The platform has engaged with "dozens" of Tier 1 institutions, including Nomura, and completed its first institutional trade between Virtu Financial and IMC. Sen anticipates significant volume growth by the second half of 2025. GFO-X differentiates itself from U.S. competitors by offering regulatory oversight and 24/7 trading capabilities, specifically designed for digital asset derivatives.
