Standard Chartered Plc and Virtu Financial Inc. are expected to join Global Futures and Options Ltd. (GFO-X), a new London-based crypto derivatives trading platform, in the first quarter of next year.
GFO-X has secured partnerships with ABN Amro Clearing and market maker IMC, indicating strong support from established financial institutions. The platform is backed by M&G Investments, the asset management division of M&G Plc.
This development showcases the increasing integration of traditional finance with the evolving landscape of cryptocurrency trading.