GCEX, a regulated digital prime brokerage agency, introduced at this time (Tuesday) its integration with Fireblocks’ enterprise platform, increasing its institutional cryptocurrency buying and selling capabilities. The transfer comes as conventional monetary establishments more and more search safe gateways into digital asset markets.
The partnership permits GCEX’s institutional shoppers working by means of its Danish and Dubai entities to leverage Fireblocks’ digital asset infrastructure, together with its Coverage Engine and compliance toolkit.
Fireblocks’ Coverage Engine is a governance and compliance instrument designed particularly for institutional crypto operations, providing transaction management, multi-level authorization and pre-set danger parameters.
Lars Holst, CEO and Founder, GCEX (Supply: Dukascopy TV)
“By integrating Fireblocks’ world-leading know-how, GCEX is reinforcing our dedication to offering institutional shoppers with a streamlined buying and selling expertise,” stated Lars Holst, CEO at GCEX. He emphasised the significance of safety and effectivity within the digital asset buying and selling atmosphere.
The combination grants GCEX shoppers entry to the Fireblocks Community, connecting them with over 2,000 liquidity companions and buying and selling venues. This in depth community facilitates prompt settlement, rebalancing, and funds, addressing key operational challenges in institutional crypto buying and selling.
“As institutional adoption of digital securities accelerates and we proceed to scale, Fireblocks’ multi-layer safety protocols, regulatory toolkit and streamlined processes will help GCEX’s operations, underpinning our deal with ease of buying and selling and asset safety,” added Holst.
GCEX Debuts Open API
GCEX Group has additionally launched an Open API answer, providing institutional shoppers programmatic entry to buying and selling knowledge and portfolio insights. This new interface permits direct connectivity to GCEX’s back-office methods, enabling real-time entry to balances, positions, and commerce knowledge. The replace is designed to enhance operational effectivity by automating processes and integrating regulatory reporting options.
“Shoppers have been requesting this stage of accessibility, and we’re excited to ship a scalable answer that not solely meets their wants however exceeds their expectations,” stated Holst.
This growth comes after GCEX strengthened its partnership with institutional custodian Hex Belief. Two months earlier, the corporations launched the “Secured Accounts” service, designed to boost the safety of institutional digital property within the EU and UK markets.
GCEX, registered with the Danish FSA and licensed by Dubai’s VARA as a Digital Asset Service Supplier, operates its XplorDigital suite of companies. The platform contains “Crypto in a Field” and “Dealer in a Field” options, which supply know-how infrastructure for institutional shoppers’ digital asset operations.
