ARTA faucets GFO-X to deliver Asian shopper base to GFO-X’s UK FCA-regulated crypto derivatives venue
“GFO-X is regulated in the UK but has strong roots in Asia with our significant presence and heritage in Hong Kong. We see great potential in the growth and appetite for regulated digital asset derivative products in Asia.”
Arta TechFin Company Restricted and International Futures and Choices Restricted, also referred to as GFO-X, has ) have signed a Memorandum of Understanding to create new and revolutionary digital asset spinoff merchandise tailor-made for each an Asian and UK/European buyer base.
GFO-X gives a UK FCA-regulated and centrally cleared buying and selling venue devoted to digital asset derivatives that can align itself with ARTA’s Asian-based shopper movement through regulated, cash-settled, derivatives options.
The partnership brings collectively a regulated institutional platform seeded with world liquidity and solves the important thing hole between Asian and US buying and selling hours, resolving shopper’s ache factors and expediting institutional and household workplace’s adoption of digital property in each areas.
ARTA and GFO-X have been already working collectively ever because the former invested within the latter in 2022, alongside different institutional traders and household places of work.
“GFO-X is regulated in the UK but has strong roots in Asia”
Arnab Sen, CEO of GFO-X stated: “We are delighted to announce this collaboration with ARTA. We look forward to working together to leverage each other’s geographical expertise to enhance our service offering to a significant and differentiated Asian customer base. GFO-X is regulated in the UK but has strong roots in Asia with our significant presence and heritage in Hong Kong. We see great potential in the growth and appetite for regulated digital asset derivative products in Asia.”
Eddie Lau, CEO of ARTA, commented: “We are excited to partner with GFO-X in creating innovative digital asset solutions and offering the best global products to our clients. We bridge the gap between Asian and European flows and enable clients to take advantage of structural trading opportunities. Furthermore, our strategic investment in GFO-X shows our commitment in building up regulated digital asset ecosystem with leading global players.”
GFO-X operates as a Multilateral Buying and selling Facility (MTF) regulated by the UK FCA, partnered with LSEG’s clearing home LCH, fixing for counterparty and credit score threat.
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