GCEX Group Accelerates Growth by Acquiring GlobalBlock Europe for Wealth Management

GCEX Group Expands Horizons with GlobalBlock Acquisition

In a strategic move, leading regulated digital prime broker GCEX Group announced on September 28, 2025, that it has successfully acquired GlobalBlock Europe UAB, a well-respected crypto brokerage and asset management company. This acquisition is aimed at significantly enhancing GCEX's presence among wealth and asset managers, tapping into a market characterized by high-net-worth individuals (HNWIs) who reportedly manage over $60 million in client assets.

The acquisition symbolizes a natural progression for GCEX, which has established itself through businesses focusing on over-the-counter (OTC) services, currency conversion, and tech solutions. Now, it aims to broaden its digital asset offerings tailored specifically for wealth and asset management sectors.

The partnership between GCEX and GlobalBlock is expected to create a powerhouse in the financial services sector. GCEX brings a strong foundation with its regulated multi-asset trading capabilities, along with deep Tier 1 liquidity, while GlobalBlock showcases its prowess in wealth management and fintech innovation. Both entities are recognized for their commitment to exceptional customer service, security, and transparency.

With these combined strengths, experts anticipate significant synergies in client onboarding processes, technology integration, and global market expansion. GCEX's extensive licensing frameworks across multiple jurisdictions, including the UK (FCA), Denmark (FSA/EU), and Dubai (VARA), will allow them to enhance client onboarding efficiency. By merging GCEX's robust regulatory structure with GlobalBlock's cutting-edge AI-driven fund management technology, the two firms will not only streamline operations but also broaden their product offerings on a global scale.

Lars Holst, Founder and CEO of GCEX, expressed enthusiasm regarding the acquisition. He noted, “Acquiring GlobalBlock is a strategic leap forward for GCEX. It enables us to expand our footprint, client base, and the overall capacity of our services. GlobalBlock has established a successful and profitable firm alongside world-class products that are poised to offer innovative diversification strategies for clients.”

On the other hand, David Thomas, Co-Founder of GlobalBlock, echoed a similar sentiment, stating, “We are excited to collaborate with GCEX. Their extensive regulatory licenses and global outreach perfectly align with our business framework. This partnership will allow us to enhance our wealth management offerings and provide cutting-edge digital asset solutions, all while maintaining the GlobalBlock brand that our clients have come to trust.”

GCEX is committed to empowering institutional and professional clients by providing access to deep liquidity in CFDs on digital assets and forex markets, in addition to facilitating spot trading and digital asset conversions. True Global Ventures, a prominent actor in the venture capital landscape, has been a key investor in GCEX, supporting its endeavors.

In terms of asset management, GlobalBlock offers an innovative product named GB10, which consists of a diversified portfolio encompassing the top 10 cryptocurrencies, weighted according to market capitalization and rebalanced monthly. Furthermore, GlobalBlock provides payment solutions enabling clients to settle invoices or accept payments using cryptocurrencies, as well as facilitating crypto treasury management.

As the landscape of financial services continues to evolve rapidly, the acquisition of GlobalBlock by GCEX Group is a testament to the growing demand for integrated digital asset management solutions tailored for high-net-worth individuals and institutional investors. Together, the firms are poised to pave the way for the future of wealth management within the digital domain, offering clients unparalleled opportunities and services.

About GCEX

Founded in 2018, GCEX has emerged as a trailblazer in the regulated digital prime brokerage space. The firm prides itself on offering a premier digital asset and FX platform catering to institutional clients. Solid partnerships established with Tier 1 trusted liquidity providers and regulated digital custody institutions allow GCEX to deliver a wide array of products and innovative technology solutions, including White Labels.

About GlobalBlock

GlobalBlock EU ApS operates under the laws of Denmark as a virtual asset service provider. With over £500 million in assets managed across its operations in the UK and Bermuda, the company specializes in delivering customized portfolio management solutions to high-net-worth individuals, families, and professional investors. For further inquiries and insights, interested parties can visit GCEX's official site or connect on LinkedIn.