new crypto derivatives trading platform launches in london with major financial firms

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.

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