GCEX Secures $4 Million From True Global Ventures

True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$4 million into GCEX, an FCA regulated digital brokerage which enables brokers, funds and professional traders to access deep liquidity in digital assets and FX.

Founded by serial entrepreneur, Lars Holst in 2018 on the back of a successful USD 120m sale of his former company within the FX space, GCEX's groundbreaking innovation comes from bridging the gap between traditional finance and digital assets including STOs and Cryptocurrencies. The firm offers exposure and access to traditional and digital markets using Tier 1 and trusted providers, and provides institutional and professional clients with an end-to-end plug-and-play trading platform for digital assets and FX. GCEX's best-in-class platform covers regulation, custody, safety of funds, liquidity and technology (both backend and frontend).

Lars Holst explains, "We are currently seeing an influx of institutional money which indicates that the market is ready to embrace digital assets. Our infrastructure has been built and is proving to be in demand. Brokers are looking for solutions and most institutions want to get started investing in digital assets without having to deal with issues like custody and blockchain directly. It naturally falls into our sweet spot to bridge the gap between institutional investors and cryptocurrency; through our partnerships with traditional FX houses and technology, institutions can gain crypto exposure through a trusted platform. The investment from TGV Plus provides us with much-needed capital to continue on our rapid growth trajectory while adhering to regulatory requirements and best practices."

Dusan Stojanovic, Founding Partner of TGV4 Plus Fund adds, "We are excited to support one of the fastest-growing companies in this field. This is largely a greenfield market where GCEX can provide a regulated solution within both crypto and FX together. We believe that GCEX is on track to become a dominant global player."

"With the rapidly growing demand from institutions for trading digital assets and a surge of 'shady' businesses in this sector, one of the biggest problems brokers, funds and professional traders face in this industry is finding regulated and professional providers who can provide access to multiple trading venues and exchanges. GCEX solves this issue, facilitating the trading of digital assets for institutional clients."