Standard Chartered and Virtu Launch New UK Crypto Derivatives Platform

Reported 3 days ago

Standard Chartered Plc and Virtu Financial Inc. are set to join the new London-based crypto derivatives trading platform GFO-X, expected to launch in early 2025. Backed by M&G Investments, GFO-X aims to provide trading in Bitcoin index futures and options and has attracted interest from several financial firms following a post-election rally in digital currencies. The platform will be cleared by LCH SA and is seen as a significant step towards regulated crypto trading in the UK.

Source: YAHOO

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