Digital asset broker GCEX Group has acquired crypto broker GlobalBlock for over $60 million, marking a strategic expansion into wealth management. This acquisition allows GCEX to broaden its services from over-the-counter trading to include high-net-worth individuals and institutional clients. GCEX plans to utilize its licenses in the UK, Denmark, and Dubai to expedite GlobalBlock's client onboarding process. Founder and CEO Lars Holst emphasized that this move will significantly enhance the company's scale and capabilities.
GCEX Group Acquires GlobalBlock for Over $60 Million
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