$BTC GFO-X Launches Regulated Trading Platform in the United Kingdom for Centralized Settled Cryptocurrency Derivative Products
GFO-X has announced the successful launch of a regulated trading platform in the United Kingdom for centralized settled digital asset derivatives. This platform aims to meet the growing demand from institutions for legitimate cryptocurrency futures and options contracts.
The first institutional trade has been executed between Virtu Financial and IMC, marking a significant milestone in the development of the institutional digital asset market.
GFO-X operates under the authorization of the Financial Conduct Authority of the United Kingdom, ensuring compliance with global financial standards, and has a market infrastructure designed for low-latency execution.
GFO-X intends to expand its product offerings, initially launching with Bitcoin index futures and options, and is positioned to become the leading platform in the evolving landscape of institutional cryptocurrency derivative markets.