By leveraging Fireblocks’ technology, GCEX aims to streamline settlements, rebalancing, and payments for hedge funds, banks, and other institutional investors.
GCEX Group, a leading provider of prime brokerage and foreign exchange solutions, has entered into a strategic alliance with Fireblocks, a blockchain infrastructure provider, to streamline its digital asset operations and facilitate institutional access to the crypto economy.
In an official statement on Wednesday, January 29, GCEX revealed that it will integrate its crypto-related services with Fireblocks’ platform, enabling institutional investors such as hedge funds, banks, and pension funds to engage with digital assets more efficiently.
Expanding Institutional Access
Through this integration, GCEX clients can connect and trade with a diverse range of liquidity providers, trading venues, and counterparties. According to the firm, Fireblocks’ infrastructure will facilitate instant settlements, rebalancing, and payments, enhancing overall trading efficiency.
Additionally, the company said the partnership will be particularly beneficial to its customers transacting through its Dubai and the Netherlands entities as it grants them access to Fireblocks’ robust Policy Engine and compliance toolkit. These tools are designed to enhance security measures and ensure strict adherence to regulatory requirements.
GCEX said that it holds full regulatory licenses in both the Netherlands and Dubai, operating as a Virtual Asset Service Provider (VASP) under the supervision of the Danish Financial Supervisory Authority (FSA) and the Dubai Virtual Assets Regulatory Authority (VARA).
Commenting on the partnership, the company’s CEO Lars Holst said that integrating Fireblocks’ infrastructure will further bolster the firm’s operations.
“As institutional adoption of digital securities accelerates and we continue to scale, Fireblocks’ multi-layer security protocols, regulatory toolkit and streamlined processes will support GCEX’s operations, underpinning our focus on ease of trading and asset protection,” said Lars Holst, CEO at GCEX.
Enhancing Trading and Operational Efficiency
GCEX has been in the business of empowering institutional and professional customers since its inception by providing deep liquidity in CFDs on digital assets and foreign exchange (FX). On January 22, 2025, the company introduced its Open API solution, offering institutional clients programmatic access to trading data and portfolio management tools.
According to the announcement, the new interface enables direct connectivity to GCEX’s back-office systems, allowing real-time access to balances, positions, and trade data. The solution aims to enhance operational efficiency through automation and integrated regulatory reporting.
Additionally, GCEX offers a comprehensive suite of brokerage and crypto-native technology solutions under its XplorDigital unit. According to the company, the unit features plug-and-play products such as Crypto in a Box and Broker in a Box.
Last year, GCEX deepened its partnership with Hex Trust, a regulated crypto custodian, by launching a “Secured Accounts” service. This initiative was designed to enhance institutional asset protection across the EU and UK markets.
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