CryptoWire
  • Home
  • About Us
  • Newsroom
  • Network
  • Pricing
  • Ticker
  • Contact Us

Recent Posts

  • Bybit Expands Precious Metals Trading as Gold and...

  • Mantle Global Hackathon 2025: Over 2,000 Web3 Builders...

  • MEXC 2025 Report: Zero-Fee Strategy Delivers $1.1B in...

  • Citrea Launches Mainnet – Enabling Bitcoin to Be...

  • HTX Ventures Annual Review and Outlook: Regulatory Clarity,...

© 2024 CryptoWire | All Rights Reserved
FinTech

True Global Ventures’ portfolio company GCEX Group Acquires Global Block to Accelerate Growth Amongst Wealth & Asset Managers

by cryptowire.ai September 29, 2025
September 29, 2025
116

LONDON, Sept. 29, 2025 /PRNewswire/ — Leading regulated digital prime broker GCEX (GCEX Group), has acquired GlobalBlock Europe UAB, a crypto brokerage and asset management firm focused on high-net-worth individuals (HNWI) with over $60 million in client assets. This strategic transaction marks a natural expansion for GCEX from its established OTC, conversion and technology business into a broader digital assets proposition for asset and wealth managers.

The partnership combines GCEX’s strength in regulated multi-asset trading and deep Tier 1 liquidity provision and GlobalBlock’s proven capabilities in wealth management and fintech innovation. Both firms have built a strong reputation around service, security and transparency, and expect to achieve significant synergies across client onboarding, technology integration, and scaling globally.

The acquisition leverages GCEX’s multi-jurisdictional licenses across the UK (FCA), Denmark (FSA/EU), and Dubai (VARA). Together, GCEX and GlobalBlock will accelerate client onboarding by combining GCEX’s liquidity and regulatory framework with GlobalBlock’s proprietary AI-driven fund management technology, and expand products and market reach globally.

Lars Holst, Founder & CEO of GCEX, commented: “Acquiring GlobalBlock is a strategic leap forward for GCEX, expanding our footprint, our client base, our team, and our capabilities. GlobalBlock’s founders have built a standout, profitable firm, with world-class products, providing innovative diversification strategies for clients. Our firms have complementary technology and shared values in terms of innovation, service and integrity.”

David Thomas, Co-Founder of GlobalBlock, added: “We are excited to join forces with GCEX. Their strong regulatory licenses and global reach perfectly complement our business model. This partnership allows us to expand our wealth management and digital asset solutions while continuing to operate under the GlobalBlock brand that our clients trust.”

GCEX empowers institutional and professional clients to access deep liquidity in CFDs on digital assets and FX, alongside spot trading and conversion of digital assets. True Global Ventures are investors in GCEX.

GlobalBlock’s services in the Wealth and Asset Management, includes GB10, a diversified portfolio of the top 10 cryptocurrencies weighted by market cap and rebalanced monthly. GlobalBlock’s payment solutions allows clients to settle invoices or receive payments in cryptocurrency as well crypto treasury management.

About GCEX

Founded in 2018, GCEX is a pioneering regulated digital prime brokerage with a best-of-breed digital asset and FX platform for institutional and professional clients. GCEX has partnerships with Tier 1 trusted Liquidity Providers, leading counterparties and regulated digital custody asset institutions. GCEX offers a wide range of products and technology solutions including White Labels.

About GlobalBlock

GlobalBlock EU ApS is a company incorporated and registered in accordance with the applicable laws of the Kingdom of Denmark as virtual asset service provider. Global now manages over £500 million in client assets across its UK and Bermuda operations, delivering bespoke portfolio management solutions to high-net-worth individuals, families, and professional investors.

For further information, please visitwww.gc.exchange or LinkedIn

Photo – https://mma.prnewswire.com/media/2783900/image_5031458_57819438.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/true-global-ventures-portfolio-company-gcex-group-acquires-global-block-to-accelerate-growth-amongst-wealth–asset-managers-302569138.html

Share 0 FacebookTwitterPinterestEmail
previous post
Bybit Brings Back Daily Treasure Hunt With October’s “Hot Token Rush”
next post
BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.65 Million Tokens and Total Crypto and Cash Holdings of $11.6 Billion

You may also like

KuCoin Web3 Launches the Decentralized Web3 Wallet with Native In-Wallet Perpetual Trading, Empowering Global...

January 27, 2026

Phemex Introduces Elite Trader Recruitment Program Focused on Professional Copy Trading

January 27, 2026

Bybit Pay Bring Crypto Payments to Peru’s Most Popular Digital Wallets, Yape and Plin

January 14, 2026

Phemex Catalyzes 2026 Market Momentum with Dual Strategic Initiatives for Trader Empowerment

January 6, 2026

KuCoin Releases Australia Market Report: Over Half of Australian Crypto Funding Comes from Bank...

January 6, 2026

Bybit Launches Program to Upskill Sri Lankan Creators with Fully Sponsored Market Education Program

January 5, 2026

New Year Special: Bybit Daily Treasure Hunt Kicks Off 2026 with Six Weeks of...

January 2, 2026

HTX Futures Head Breaks It Down: What HTX Futures Got Right in 2025 and...

December 30, 2025

HTX Launches Futures Copy Trading 4.0: Triple Rewards Go Live with an 80,000 USDT...

December 15, 2025

Phemex Co-hosts LONGITUDE, Spotlighting the Next Era of Crypto Security at Its 6th Anniversary

December 12, 2025

Categories

  • AI
  • Bitcoin & Altcoins
  • Blockchain & DeFi
  • Business
  • Ethereum & NFTs
  • FinTech
  • Gaming
  • News
  • Policy

Editor’s Picks

  • KuCoin 2024 Annual Review: A Year of Resilience, Growth, and...

  • From DeFi to Tokenization: Bybit’s Shunyet Jan Explores the Future...

  • Bybit Lists Syndicate (SYND) as Appchain Revolution Accelerates

  • Bybit VIP Exclusive: a Chance to WinMNT, USDT Airdrops and...

  • Bybit launches Crypto Surf: Copy Traders and Bots Battle for...

Crypto Wire disrupts global news and PR distribution by seamlessly integrating AI for precise audience targeting and engagement. With NLP, content enhancement, and strategic deployment, we amplify your message for maximum impact.

Pages

  • About Us
  • Editorial Process
  • Network
  • Newsroom

Useful Links

  • Contact Us
  • FAQs
  • Blog
  • Pricing

Contact information

  • support[@]cryptowire.ai
  • @Crypto_Wire_Ai
  • +971 58 568 8333
  • Weekdays: 10 AM - 10 PM GST