GCEX Group acquires GlobalBlock 26 September 2025Global Reporter: Hansa Tote
Image: Velar/stock.adobe.com
GCEX Group has acquired crypto brokerage and asset management firm GlobalBlock.
The move 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 regulated multi-asset trading and Tier 1 liquidity provision and GlobalBlock’s capabilities in wealth management and fintech innovation.
The acquisition leverages GCEX’s multi-jurisdictional licenses across the UK, Denmark, and Dubai.
According to the firms, the partnership will accelerate client onboarding by combining GCEX’s liquidity and regulatory framework with GlobalBlock’s proprietary AI-driven fund management technology, while expanding products and market reach globally.
Discussing the partnership, Lars Holst, founder and CEO of GCEX Group, comments: "Acquiring GlobalBlock is a strategic leap forward for GCEX, expanding our footprint, our client base, our team, and our capabilities.
“By joining forces with GlobalBlock we are strengthening our position to compete in the top tier of digital and TradFi. Our combined clients will gain access to broader product suites, market leading pricing, and cutting-edge trading platforms, with the highest levels of data security.”
David Thomas, co-founder of GlobalBlock, adds: "[GCEX’s] 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.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Velar/stock.adobe.com 